Powells Limited

Powells Limited, based in Eastleigh, UK, is a sizable holding company with an active status, having operated for 39 years. The company, employing 39 individuals, holds assets worth £7,548,785 and generates an impressive £27,719,073 in yearly revenue. Despite a virtual address – with 37 companies registered at the same location – it's managed by eight directors and a single owner. Google users rate it a perfect 5.0 based on six reviews. Powells regularly imports furniture, lighting, and prefabricated buildings (for six months), while exporting glass and glassware sporadically (for just one month).

The company specializes in construction and fit-out services for commercial, retail, and leisure sectors, as evidenced by its website. It doesn't appear to be an e-commerce business; instead, it acts as a contractor, showcasing completed projects for well-known brands like Adidas, Louis Vuitton, and Nespresso. The site is full of testimonials praising the company’s professionalism and quality of work.

Financially, Powells Limited presents a mixed picture. While turnover increased by 4.3% to £28 million, current assets remained steady at £7.5 million. However, net assets experienced a significant drop of 30%, falling to £2.5 million. Bank borrowings surged by 17%, reaching £300,000, and cash reserves declined by 15% to £4.4 million. Creditors also increased by 10% to £340,000. The company’s size – meeting two of three criteria for a large company – suggests it’s a substantial player, but the decrease in equity could be a sign of increased investment or operational challenges. No auditor is mentioned, likely due to its size, meaning the figures are unaudited.

The company’s focus on high-profile fit-out projects indicates a reputation for quality and reliability. However, the financial trends suggest it's navigating a period of change, possibly requiring careful management to ensure long-term stability.

Registered in England/Wales under the registration number 01948833, with a registered address at SO50 9PD, Eastleigh, Hampshire, Fleming Court, Leigh Road.

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