Power Jacks Limited

Power Jacks Limited, based in Aberdeen, UK, is a small, active company with a solid 38-year history. Employing 42 people and holding £4,618,718 in assets, this business has a real registered address and is managed by eight directors and one owner. Google users rate it a perfect 5.0 based on two reviews, a testament to its customer service. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 350 months of import activity and 181 months of export activity recorded.

Power Jacks specializes in the design and manufacture of lifting and handling equipment, offering a wide range of products including screw jacks, gearboxes, linear actuators, and jacking systems. Their website showcases a commitment to quality and innovation, with a focus on serving industries like industrial automation, energy, transport, and defence. They even offer CAD configurator and application analysis tools for customers, demonstrating a desire to provide tailored solutions.

Financially, Power Jacks Limited presents a mixed picture. While current assets increased by 21%, net assets decreased by 44% to £1.2 million. Bank borrowings surged by 780%, reaching £88,000, and cash reserves fell 16% to £280,000. Trade debtors increased by 20%, suggesting a potential need to manage customer payments more closely. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The accounts are unaudited, and the company’s auditor is Anderson Anderson & Brown Audit LLP.

The significant decrease in equity, coupled with the increased bank borrowings, suggests that Power Jacks may be burning through cash faster than it’s generating revenue. However, the company’s long history, strong Google rating, and focus on specialized equipment indicate a resilient business model. It will be interesting to see if they can turn things around and maintain their position in the market.

Registered in Scotland under the registration number SC103849, with a registered address at AB32 6FP, Aberdeen, Kingshill Commercial Park, Westhill.

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