Power Mixers Limited

Power Mixers Ltd, based in Carnforth, UK, is a small, active company established 22 years ago. It employs just two people and holds £27,650 in assets. The company is owned by Willis Samuel William John and Woodburn Benjamin Mclean, who also serve as directors. Accounts are currently overdue by seven months, and confirmation is overdue by five months. The company operates in the wholesale of mining, construction and civil engineering machinery industries.

The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in March 2023. While it has a real address, only one other company is registered at the same location. The business appears to be a family affair, with the same individuals holding multiple roles.

Financially, Power Mixers Ltd presents a mixed picture. Cash bank on hand has increased by 11% to £8,700, which is good. However, net assets have dramatically decreased by 290% to -£63,000, a significant drop. Creditors have risen sharply by 110% to £94,000, and trade debtors have decreased by 28% to £8,500. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the substantial equity decline warrants attention. The company’s financial statements are unaudited, as it is exempt due to its size. The significant increase in other creditors, rising by 770% to £76,000, suggests potential cash flow pressures, although it’s possible this reflects a strategic decision to expand credit terms.

Registered in England/Wales under the registration number 04588860, with a registered address at LA5 0AX, United Kingdom, Carnforth, Crumbria, Beach Helm Arnside, Beachwood, Off Red Hills Road.

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