Power Electrics (bristol) Limited

Power Electrics Bristol Ltd, a well-established company based in Bristol, UK, has been a fixture in the industrial sector for 61 years. As a large company—meeting two out of three criteria for size—with 254 employees and £20.39 million in assets, it’s a significant player. The firm’s yearly revenue sits at £46.43 million, and it operates as a holding company with a real address, overseen by six directors and a single owner. Google reviews are glowing, boasting a perfect 5.0 rating from 29 reviews.

The company specializes in diesel generator hire, service, parts, and sales, with a strong emphasis on battery energy storage solutions. Its website showcases a wide range of services, from generator hire (ranging from 20kVA to 500kVA) to load bank testing and refurbishment. They also offer fuel management services and a comprehensive range of generator parts. The website also highlights a growing focus on green solutions, with a "Journey to Green" report detailing their sustainability efforts.

Financially, Power Electrics Bristol Ltd presents a mixed picture. While turnover remained relatively stable, at £46 million, there's a concerning trend of rising accrued liabilities, increasing from £2 million to £3.9 million. This suggests potential short-term cash flow pressures. Impairment losses on intangible assets have also increased significantly, from £77,000 to £150,000. However, administrative expenses have decreased considerably, dropping from £17 million to £10 million—a positive sign of cost control. Bank balances have fallen from £7 million to £5.4 million, which is something to watch. The company’s director remuneration has decreased, which could be a result of restructuring. The company’s auditor, Haines Watts (Western) Limited, has provided an unqualified opinion on the financial statements. The company's focus on green initiatives and its strong online presence suggest a forward-thinking approach, but the rising liabilities warrant careful monitoring.

Registered in England/Wales under the registration number 00776704, with a registered address at BS30 8TY, Bristol, St Ivel Way, Warmley.

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