Power-sprays Limited

Power Sprays Ltd, based in Bristol, UK, is a small, active company celebrating 63 years in business. Founded in 00713501, it employs 27 people and holds £5,764,144 in assets. With a real address and three directors, the company is a well-established player in its field. They regularly import machinery, boilers, and mechanical appliances—parts, with 3 months of import activity recorded, and export the same, with an impressive 729 months of export activity.

The company specialises in glass fibre reinforced concrete (GRC) equipment, designing, manufacturing, and supporting specialist machinery for the industry. Their website showcases a wide range of equipment, from spray stations and guns to mixers and lifting devices, catering to production and quality control needs. They even offer bespoke manufacturing solutions and have a global network of resellers. It’s clear they are a leading supplier in a niche market.

Financially, Power Sprays Ltd shows a mixed picture. Cash bank on hand increased by 17%, reaching £4,700,000, which is a good sign. However, net assets liabilities grew by 8.6% to £6,200,000. Creditors increased significantly, rising by 96% to £480,000, which could indicate increased borrowing or extended payment terms. Trade debtors decreased by 11%, suggesting improved collection efforts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in liabilities warrants attention. The company’s dividend per share interim dropped by 75%, from 18 to 4, which could be due to a number of factors. With no auditor mentioned, the financial statements are unaudited.

Overall, Power Sprays Ltd appears to be a financially stable, albeit growing, business. Their long history and specialized equipment position them well in the GRC market, but they’ll need to manage their liabilities to ensure continued success.

Registered in England/Wales under the registration number 00713501, with a registered address at BS11 9YA, Bristol, Avonmouth Way, Avonmouth.

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