P B S Spindle Systems Limited

PBS Spindle Systems Ltd, based in Manchester, UK, is a micro company with an active status, having been established 22 years ago in 2002. The company employs six people and holds £86,031 in assets. It’s a family business with two directors and two owners, and currently boasts a perfect 5.0 Google rating from four reviews. PBS Spindle Systems regularly imports electrical machinery and equipment, with 13 months of import activity recorded, the latest being September 2024.

The company's website highlights its expertise in spindle repair, servicing, and maintenance for machine tool spindles. It caters to various sectors, including aerospace, automotive, furniture manufacturing, and more, offering services from full strip-down and evaluation to dynamic balancing and sensor resetting. The website clearly positions PBS Spindle Systems as a specialist provider, emphasizing personalized service and quick, efficient repairs.

Financially, PBS Spindle Systems shows a mixed picture. Current assets decreased by 3.9% to £86,000, while net assets fell by 19% to £47,000. Cash bank on hand also dropped 13% to £39,000. However, finished goods increased by 20% to £13,000, suggesting improved inventory management. Creditors rose by 15% to £53,000, which could indicate increased supplier credit or expansion of operations. The company’s small size (meeting two of three criteria for turnover under £632,000, assets under £316,000, and fewer than 10 employees) allows for flexibility, but the decrease in equity warrants attention. No auditor is mentioned, likely due to its status as a small company, meaning the financial information is unaudited.

The decrease in average employees from six to five could be a result of restructuring or seasonal fluctuations. Overall, PBS Spindle Systems appears to be a stable, albeit somewhat financially constrained, operation, relying on its specialized services and reputation for quality to maintain its position in the machine tool spindle market.

Registered in England/Wales under the registration number 04524906, with a registered address at M34 6PT, England, Manchester, 5 Pitt Street, Denton.

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