Pb Conversions Limited

Pb Conversions Limited, based in Wingrave, UK, is a small, family-run business with an active status, having been founded fifteen years ago. The company employs ten people and holds £165,795 in assets, operating from a virtual address – sixteen companies registered at the same location. Two directors and two owners manage the business, which boasts a perfect 5.0 Google rating from thirty-six reviews. Pb Conversions regularly imports vehicles, parts, and accessories (excluding trains and trams), with nineteen months of import activity recorded.

The company specializes in vehicle mobility adaptations for people with disabilities, offering services like hand controls, wheelchair hoists, and space drive systems. Its website highlights a 30-year industry experience and a commitment to high-quality workmanship. Pb Conversions manufactures its own adaptations and is a Motability Scheme accredited installer, providing a bespoke service to customers across Bedfordshire, Buckinghamshire, Hertfordshire, and Northamptonshire. The website also features a blog with helpful guides and news updates.

Financially, Pb Conversions Limited’s report reveals some interesting trends. Cash bank on hand dropped by 30% to £120,000, while net assets plummeted 62% to £25,000. Trade debtors increased by 43%, suggesting potential delays in customer payments. On a positive note, creditors decreased by 7.5%, indicating better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company’s equity has also decreased, which could be a cause for concern. With no auditor mentioned, the financial statements are unaudited.

Overall, Pb Conversions appears to be a well-regarded business with a strong reputation for customer service, but the financial data suggests it’s facing some challenges. The company's focus on a niche market and its commitment to quality should help it weather these pressures, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 06933338, with a registered address at HP22 4LW, England, Wingrave, Buckinghamshire, 8a Wingbury Courtyard Business Village, Leighton Road.

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