Power Distribution Ltd

Power Distribution Ltd, based in Burnham On Crouch, Essex, is a small, active company founded 24 years ago. With a single employee and £104,730 in assets, it operates from a virtual address—a fact highlighted by the presence of 58 other companies registered at the same location. The company, led by a solo founder and director, boasts a perfect 5.0 Google rating based on two reviews, and regularly imports toys, games, and sports equipment, with the latest import activity recorded in November 2024.

The company's website reveals a fascinating business model: it’s an independent distribution network operator (IDNO), providing electricity network adoption and connection services to developers and infrastructure projects across Britain. They own and operate electrical networks, primarily handling the "last mile" of electricity delivery to homes and businesses, and even manage networks for logistics parks, data centres, and residential developments. The website emphasizes innovation, dedicated support, and even managing conversations with the DNO on behalf of customers. A testimonial from Network Power Connections praises the team’s collaboration and guidance through the asset adoption process.

Financially, Power Distribution Ltd presents a mixed picture. Current assets have fallen by 10% to £100,000, while net assets have declined by 3.3% to -£66,000. Bank borrowings have also decreased, though a significant drop in other debtors (-67%) and other taxation social security payable (-73%) suggests a focus on cost management. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the negative equity raises questions. With no auditor mentioned, the figures are unaudited.

Overall, Power Distribution Ltd seems to be navigating a challenging landscape. While its IDNO services appear valuable, the financial data suggests a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 04106525, with a registered address at CM0 8AA, Essex, 2 High Street, Burnham On Crouch.

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