Polham Controls Ltd.

Polham Controls Ltd, based at 98a Bath Road in Bridgwater, UK, is a small, active company founded 30 years ago. With 18 employees and £1,384,937 in assets, it’s a well-established player in its field. The company boasts a perfect 5.0 Google rating from a single review, a testament to its customer service. It’s led by three directors, although there are no listed owners, which is not unusual for smaller businesses. Polham Controls is a regular importer, specializing in electrical machinery and equipment, with 8 months of import activity recorded.

The company operates in the manufacture of electricity distribution and control apparatus industries, a specialized area requiring technical expertise. Its website is non-existent, so it’s likely that Polham Controls focuses on business-to-business sales rather than direct consumer engagement.

Financially, Polham Controls presents a mixed picture. While cash reserves have increased significantly, soaring by 4,400% to £550,000, other areas show cause for concern. Net assets have grown by 13% to £860,000, but current assets have only increased by 4% to £1,400,000. Trade debtors have plummeted by 52%, dropping to £360,000, suggesting potential difficulties in collecting payments. Bank borrowings have also increased, rising by 100% to £29,000. Creditors have decreased by 27%, which is a positive sign. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for small companies, so the financial statements are unaudited.

The significant increase in cash reserves is encouraging, but the decrease in trade debtors warrants closer attention. It’s possible that the company has tightened credit terms or is experiencing payment delays from customers. Overall, Polham Controls appears to be a stable, if somewhat challenged, business navigating the complexities of its specialized industry.

Registered in England/Wales under the registration number 03023715, with a registered address at TA6 4SZ, 98a Bath Road Bridgwater, Somerset, Block E Bath Bridge, Business Park.

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