Power Engineering Limited

Power Engineering Limited, based in Peterborough, UK, is a small, active company established twenty years ago in December 2004. With eleven employees and £8,164,523 in assets, it operates from a real address and is overseen by two directors and a single owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with eleven months of import activity and fifty-three months of export activity recorded.

The business also runs a well-established car garage in Uxbridge, Middlesex, called Power Engineering, which has been trading since 1990. The garage offers a range of services, including MOT testing, car servicing, repairs, and tyre fitting, and is a dealer for Powerflex performance suspension parts. It even has a showroom in Harrods, London.

Financially, Power Engineering Limited shows some interesting trends. Current assets have decreased by 15%, falling to £8,200,000, while net assets have increased by 23%, reaching £11,000,000. Cash bank on hand has also dropped significantly, decreasing by 14% to £7,600,000. Trade debtors have fallen by 17%, while creditors have increased by 22%. The company’s size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in cash reserves could indicate a need for careful financial management. Property, plant, and equipment have seen a dramatic increase, with a 1500% growth, which may be due to a significant investment in new equipment. There’s no auditor mentioned in the report, which is typical for small companies.

Registered in England/Wales under the registration number 05317659, with a registered address at PE6 7JN, Peterborough, Cambridgeshire, The Old Dairy 9a The Green, Glinton.

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