Power Probe Group Limited

Power Probe Group Limited, based in London, UK, is a small, active company founded four years ago. With two employees and £2,663,848 in assets, it operates from a real address and is overseen by two directors, though there are no listed owners. The company currently holds a 1.0 rating on Google based on a single review. It's a regular importer, specializing in optical and medical tools and devices, with recent activity recorded in December 2024.

The company’s website, Prologics Europe, highlights its focus on complementary diagnostic tools for technicians. It positions itself as a partner to scan tool companies, emphasizing simplicity, ease of use, and a commitment to keeping up with market demand. The site showcases a range of tools, solder kits, parts, and leads and connectors, alongside distributor information and a team introduction. It even has a three-step process for customers: selecting the right tool, placing an order, and receiving technical support.

Financially, Power Probe Group Limited presents a mixed picture. While current assets increased slightly to £2,700,000, net assets decreased by 0.7% to £2,400,000. Cash bank on hand dipped by 6.1% to £19,000, and trade debtors rose significantly by 14% to £370,000. Borrowings have also increased, suggesting a need for additional funding. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity could signal challenges. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for a small company exempt from an audit.

Overall, Power Probe Group Limited seems to be navigating a period of change. The company’s focus on specialized tools and its distributor network could provide a stable foundation, but the financial data suggests a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 12892327, with a registered address at EC4R 1EB, England, London, Warwick House, Queen Street 65 66.

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