Power Systems Service Limited

Power Systems Service Ltd, based in Chesterfield, UK, is a small, active company founded thirteen years ago in 2011. With three employees and £489,024 in assets, it’s a modest operation run by a single director and owner. The company operates from a real address and has been importing optical and medical tools and devices for seven months, while exporting machinery and mechanical appliances for twenty-six months.

The company’s website highlights its focus on engineering excellence, providing tailored solutions across power, industry, and infrastructure. It specializes in bespoke design, fabrication, and site services, catering to a range of clients. The site showcases a diverse portfolio, from precision CNC machining for motorsport components to pneumatic handling systems for cement import terminals. They even have a fun puzzle on the website!

Financially, Power Systems Service Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 20%, and administrative expenses jumped 31%, suggesting investment in equipment and operations. However, turnover revenue declined significantly by 46% to £1.7 million, and net assets decreased by 3.7% to £490,000. Cost of sales also took a hit, dropping by a substantial 54%. Trade debtors increased considerably, by 68%, which could indicate delayed payments or an expansion of credit terms. It’s a small company, meeting two of the three criteria for small business status. There's no mention of an auditor, which is likely due to its small size.

The significant drop in turnover is the most concerning trend, but the company’s focus on specialist services and its strong online presence suggest it may be adapting to market changes. The increased debt could be a short-term consequence of investment, or a sign of tighter cash flow.

Registered in England/Wales under the registration number 07753202, with a registered address at GU4 8RD, United Kingdom, Guildford, Surrey, Blackheath Cottage Blackheath Cottage, Blackheath.

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