Northern Power Electronics Ltd

Northern Power Electronics Ltd from Sunderland UK: small company, active status, founded 4 years ago, 1 employee, £30,791 assets, virtual address, 1 director, 1 owner, google rating 5.0 based on 56 reviews. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on September 18, 2020, and currently has one director and one owner, Abbasifar Hossein, who also serves as the sole employee. The business boasts a stellar 5.0-star rating on Google, based on 56 reviews, a testament to its customer service.

The company's website, Northern Power Electronics, focuses on industrial electronics repair across Newcastle and the North East. It specializes in obsolete equipment repair, keeping operations running smoothly. The website highlights services like fault finding, repair and refurbishment, and preventative maintenance. It caters to a range of industries, including manufacturing, heavy industry, energy and utilities, and the public sector. The business also offers equipment modification, chemical wash cleaning, configuration, onsite repair, emergency repair service, cable and harness configuration, and circuit board repair. It's clear the company is focused on providing specialized repair services rather than being a broad-scale ecommerce operation.

Financially, Northern Power Electronics Ltd shows some interesting trends. Cash bank on hand has increased significantly, up 140% to £31,000, which is good news. However, creditors have also risen sharply, increasing 110% to £33,000 within one year. This could be a result of increased business activity, but it's something to keep an eye on. Fixed assets have decreased by 28%, and the company's net assets have remained steady at £1. Although the company is small, with just one employee, it’s worth noting that the average number of employees during the period has doubled to two. The accounts are described as "filleted" and unaudited, and there’s no auditor mentioned, which is typical for small companies. The depreciation charge has remained constant, which is fine.

Registered in England/Wales under the registration number 12887979, with a registered address at SR1 3NH, England, Sunderland, 13 Mary Street.

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