Pioneering Performance Ltd

Pioneering Performance Ltd from Verwood UK: a small, active company founded eight years ago in December 2016, employs just one person and holds £75,908 in assets. It’s a real address, managed by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with four months of import activity recorded, and exports the same items, with twelve months of export activity.

The company’s website, pioneeringperformance.com, is a specialist supplier of turbocharger parts and components, primarily for BMW, Citroen, Land Rover, Mercedes Benz, Mini, Peugeot, Subaru, VAG, and Vauxhall vehicles. It operates an e-commerce site offering a wide range of products, from actuators and brackets to turbine wheels and VNT nozzle rings. The site also highlights services like machining and balancing, and features a "2260 Emporium" dedicated to parts for the GTB2260 turbocharger. It’s clear they’re focused on a niche market, catering to enthusiasts and professionals alike.

Financially, Pioneering Performance Ltd’s recent report shows some interesting trends. Cash bank on hand decreased by 11% to £25,000, and trade debtors increased significantly by 140%, reaching £10,000 – perhaps reflecting a growth in sales but also a potential challenge in collecting payments. Net assets, however, increased by 45% to £64,000, and net current assets also increased by 95% to £45,000, suggesting improved overall financial health. 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 it to remain flexible. There's no auditor mentioned, so the financial statements are unaudited.

It appears Pioneering Performance Ltd is navigating growth, with a focus on specialized turbocharger components and a growing customer base. The increase in debtors, however, is something to keep an eye on.

Registered in England/Wales under the registration number 10531072, with a registered address at BH31 6BD, England, Verwood, 20d Black Moor Road, Ebblake Industrial Estate.

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