Parvalux Electric Motors Limited

Parvalux Electric Motors Limited, based in Poole, UK, is a large, active company established 77 years ago. With £15.9 million in assets and £18.5 million in yearly revenue, it’s a significant player in the electric motor manufacturing sector. The company, boasting six directors and one owner (Braun Karl-walter), maintains a real address and has earned a 4.0 Google rating from ten reviews. Notably, it’s a regular importer and exporter of electrical machinery and equipment, with 649 months of import activity and 633 months of export activity recorded.

The company’s website highlights its expertise in designing and manufacturing electric geared motors, offering a wide range of products including PMDC, BLDC, and AC motors, as well as gearboxes and custom drive solutions. It serves diverse markets, from building automation and access control systems to industrial automation and mobility solutions, even extending to specialized sectors like agriculture and transport logistics. The website showcases a comprehensive catalogue and detailed product information, emphasizing reliability and performance.

Financially, Parvalux Electric Motors Limited demonstrates some concerning trends. While revenue remains stable, current assets decreased by 3.6% to £16 million, and net assets plunged 160% to -£27 million. Bank borrowings increased by a substantial 38%, reaching £44 million, while cash reserves fell 48% to £780,000. Trade debtors have also taken a hit, decreasing by 81%, suggesting potential issues with customer payments. Despite these challenges, creditors decreased by 11%, indicating some improvement in debt management. The lack of an auditor mentioned suggests the company is exempt from a full audit, relying on unaudited financial statements.

Overall, Parvalux Electric Motors Limited appears to be navigating a period of financial strain, despite its long-standing reputation and diverse customer base. The company's ability to adapt to changing market conditions and address its financial challenges will be crucial for its future success.

Registered in England/Wales under the registration number 00446422, with a registered address at BH17 7DA, United Kingdom, Poole, Parvalux House, 2 Technology Road.

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