Power Cradles Limited

Power Cradles Limited is a small, active company founded 52 years ago in 1972, operating as a family business with 17 employees and £556,802 in assets. Based in London, it has a real registered address and is overseen by four directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, with its last import activity recorded three months ago in October 2022. It operates within the specialised construction activities industry.

The company's website is non-existent, which makes it difficult to determine if it's engaged in e-commerce or other online activities.

Financially, Power Cradles Limited shows a mixed picture. Current assets have fallen by 21% to £560,000, while net assets have increased by a substantial 64% to £820,000. Cash reserves have decreased significantly by 68% to £36,000. Bank borrowings have increased by 63%, reaching £100,000, and trade debtors have decreased by 18%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The increase in equity suggests a positive trend, although the decrease in cash reserves is something to watch. With no auditor mentioned, the figures rely on unaudited statements. The company’s net current assets liabilities have also decreased by 16%.

Registered in England/Wales under the registration number 01059923, with a registered address at SE14 6QL, 52b Florence Road, London.

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