Pb Electrical Services Ltd

Pb Electrical Services Ltd, based in Christchurch, UK, is a small, family-run business with an active status. Established 28 years ago in 1997, the company employs 26 people and holds £538,258 in assets. It operates from a real address and is managed by two directors and two owners. The business boasts a perfect 5.0 Google rating from nine reviews. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with just one month of import activity recorded as of May 2022.

The company's website is minimal, offering little insight beyond its core services. Pb Electrical Services Ltd operates in the manufacture of electricity distribution and control apparatus, and the electrical installation industries. It's a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Pb Electrical Services Ltd shows a mixed picture. Current assets decreased by 18% to £540,000, while net assets increased by 20% to £450,000. Bank borrowings decreased by 62%, reaching £10,000, and cash reserves increased dramatically by 26,000% to £66,000. Creditors decreased by 49%, suggesting improved debt management. The company’s size helps it stay agile, but the changes in assets raise questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s property plant and equipment has seen a significant increase, with motor vehicles growing by 99%. This could be a sign of investment in the business, or perhaps a one-off purchase. The company’s trade debtors have also decreased, suggesting they are managing their customer payments well. Overall, Pb Electrical Services Ltd appears to be a stable, family-run business, but it’s important to monitor its financial performance closely to ensure its long-term success.

Registered in England/Wales under the registration number 03346475, with a registered address at BH23 2BT, Christchurch, Dorset, Unit 16 Avon Trading Park, Reid Street.

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