On Board Power Ltd

On Board Power Ltd, based in Liversedge, UK, is a small, active family business established thirteen years ago. With eighty-three employees and £3,362,981 in assets, it operates from a real address and is overseen by two directors and owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with a history of sixty-seven months of imports—while exporting these same items irregularly, with just two months of export activity recorded. It’s a real player in the mobile business solutions sector, providing vehicle mounted PTO air compressors and generators, as well as interior and exterior vehicle installations.

The company’s website highlights its focus on providing reliable solutions for mobile businesses, offering a range of compressors, generators, and vehicle installation services. It’s clear they're targeting businesses needing adaptable van fleets, offering everything from on-board compressors to racking and fabrication. They even have a showroom in Harrods, London, which is quite impressive.

Financially, On Board Power Ltd presents a mixed picture. Cash reserves saw a significant boost, increasing by 69% to £1,000,000, a positive sign of liquidity. However, accumulated amortisation impairment for intangible assets has increased by 37%, and corporation tax payable has jumped by a staggering 3,700% to £200,000—a potential cause for concern. Creditors have also risen sharply, increasing by 110% to £270,000, while bank borrowings have remained stable. The company’s small size—meeting two of three criteria for a small business—helps it maintain agility. The unaudited financial statements, without an auditor mentioned, rely on director-reported data.

Overall, On Board Power Ltd appears to be a growing business with a strong focus on customer service and reliability, but the increase in tax liabilities and creditors warrants close monitoring. It’s clear they’re investing in their business, but whether they can sustain this growth remains to be seen.

Registered in England/Wales under the registration number 07774364, with a registered address at WF15 6BS, Liversedge, West Yorkshire, Units 105/106 Bmk Industrial Estate, Wakefield Road.

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