Midlands Power Networks Limited

Midlands Power Networks Ltd from Stoke-On-Trent UK is a small holding company with an active status, established twenty years ago. The company employs twenty-six people and holds assets valued at £4,142,280. It has a real address, two directors, and one owner. The company regularly imports electrical machinery and equipment, with five months of import activity recorded.

The company operates in the electrical installation industries and provides high voltage consultancy services. Based in Stoke-on-Trent, Staffordshire, Midlands Power Networks Ltd offers a range of services, from initial consultation and network design to installation, maintenance, fault location, and energy-saving solutions. Founded by a group of ex-DNO engineers, the company has grown into a leading provider for customers’ electrical needs throughout the country. It even offers services for disaster recovery.

Financially, Midlands Power Networks Ltd shows some interesting trends. Assets increased by 23%, reaching £4.1 million, while cash reserves saw a significant boost, rising 81% to £2.4 million. However, net losses deepened from -£10,000 to -£23,000, and trade debtors increased by 20% to £1.4 million. Bank borrowings also surged by 78% to £1.4 million. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble. With no auditor mentioned, the figures are unaudited.

Overall, Midlands Power Networks Ltd appears to be growing, but the increase in debt and losses suggests it’s burning through cash faster than it’s earning it. Whether this is a temporary issue or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 05170381, with a registered address at ST4 3PE, United Kingdom, Stoke-On-Trent, Staffordshire, Unit 2a Galveston Grove.

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