Generator Power Limited

Generator Power Ltd, based in Normanton, UK, is a large, active company founded 27 years ago. Employing 286 people, it holds £23,274,697 in assets and generates £89,084,049 in revenue annually. The company is led by a single director and owner, Cardwell Stephen Keith, and operates from a real address. It’s a regular importer and exporter of electrical machinery and equipment, with 5 months of import activity and 21 months of export activity.

The company’s website paints a picture of a leading generator hire specialist. They offer emergency power solutions, generator hire for various industries (utilities, construction, recycling, events, manufacturing, government, telecoms, offshore oil & gas, facilities management), and a range of services including project management and fuel management. They even boast sustainability initiatives, aiming to reduce their carbon footprint. Locations are listed across the UK, from Scotland to London.

Financially, Generator Power Ltd shows a mixed picture. Current assets decreased by 25%, while net assets also fell by 17%. Bank borrowings decreased by 19%, and cash reserves increased by 70%—a positive sign. Creditors decreased by 30%, suggesting better debt management. Turnover increased by 26%, but net losses deepened. The company meets the criteria for a large company, with turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. The auditor, Forvis Mazars LLP, has reported that the financial statements were prepared using the FRS accounting standards.

While the company’s revenue is substantial, the decline in net assets and increased losses suggest it might be burning through cash to fuel growth. The single director structure could also be a point of vulnerability, but it also allows for swift decision-making. The increased turnover is encouraging, but Generator Power Ltd will need to manage its expenses carefully to ensure long-term financial health.

Registered in England/Wales under the registration number 03446582, with a registered address at WF6 1TW, Normanton, West Yorkshire, Foxbridge Way, Normanton Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.