Partnerships For Renewables Limited

Partnerships For Renewables Ltd, based in Great Yarmouth, UK, is a small, active family business established seventeen years ago. With six employees and £1,694,446 in assets, the company operates from a real address and is managed by one director and two owners. It functions as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with its last import operation occurring one month ago in March 2023. The company is involved in the production of electricity and construction of utility projects for electricity and telecommunications industries.

The company's website highlights its role as a technical consultancy and asset management service provider to the renewables industry. It offers a complete solution or bespoke service, tailored to client needs, focusing on attention to detail and operating as if each project were its own. PfR emphasizes environmental, social, corporate governance, and ethics considerations in its business activities. It’s a GRESB participant, achieving 'Asset Sector Leader 2020' status and '1st place in the Northern Europe OnShore Wind Power' category in 2023. Clients include Solutions, and services offered include technical, commercial, financial, and administrative management, as well as consultancy.

Financially, Partnerships For Renewables Ltd presents a mixed picture. Cash reserves experienced a substantial increase of 76%, jumping to £1,000,000, while current assets rose by 39% to £1,700,000. However, net losses deepened to -£140,000, and bank borrowings increased by 24%. Trade debtors also grew by 5.8%. The company’s small size—meeting two of three criteria for being small—helps it remain flexible, but the increased borrowing suggests a need for careful financial management. Depreciation on motor vehicles fell by 32%, and the company’s total assets decreased by 22%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company’s directors have elected not to deliver a profit and loss account.

Registered in England/Wales under the registration number 06526742, with a registered address at NR31 0NG, England, Great Yarmouth, Norfolk, Unit 1 Edison Way, Gapton Hall Industrial Estate.

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