Penstar Ltd

Penstar Ltd from Cardigan UK: a small, active company founded 24 years ago, employs five people, and holds £634,019 in assets. It's a real address with three directors and two owners, boasting a solid 4.0 Google rating from 22 reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 41 months of import activity recorded, the latest in March 2025.

Penstar Ltd operates as a supplier of water pumps, borehole equipment, and related services in Pembrokeshire, Wales. Based in beautiful Pembrokeshire, Penstar Process and Technical Services Ltd was incorporated in 1992 as the design and manufacturing arm of the Penstar group, which has been operating for over 30 years. The company's website details a wide range of systems, including pumping, water treatment, irrigation, and heating/cooling solutions. It offers installation, maintenance, troubleshooting, and turnkey projects, and even has an online catalogue. The company also offers direct sales, which is great.

Financially, Penstar Ltd presents a mixed picture. Current assets decreased by 5.4% to £630,000, while net assets fell 9.1% to £430,000. Bank borrowings remain steady, and cash reserves are holding at £62,000. Creditors decreased by 13%, suggesting better debt management, but the drop in equity is noticeable. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants further attention. As a small company, it's exempt from an audit, so the figures are unaudited. The company has been doing great, but it's important to keep an eye on things.

Registered in England/Wales under the registration number 04180403, with a registered address at SA43 2TX, Cardigan, Danrallt, Rhoshill.

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