Power Transmission Engineering Limited

Power Transmission Engineering Ltd from Nottingham UK: a small, active company established 17 years ago, employs 11 people, and holds £830,387 in assets. It’s a family business with four directors and two owners, boasting a stellar 5.0 Google rating from eight reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation occurring in January 2025.

The company's website describes Power Transmission Engineering Ltd as a leading East Midlands supplier of bearing and transmission products. It’s grown from a distributor of bearings into a business offering a wide range of industrial products and services, from simple circlips to full engineering solutions. They have access to a significant £30 million worth of stock and even offer consignment stock holding for specific customers, with their own delivery vehicles ensuring a fast response. The site highlights their ability to source bearings globally and work closely with customers to meet their needs.

Financially, Power Transmission Engineering Ltd presents a mixed picture. Current assets remained stable at £830,000, but cash reserves declined by 21% to £200,000. Bank borrowings were eliminated, a positive sign, while trade debtors increased by 10% to £510,000. Creditors also decreased slightly, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in fixed assets by 58% is noticeable, though the reasons behind this are not immediately apparent. As a small company, it's exempt from an audit, so the figures are unaudited. The company's financial statements were authorised by the directors.

Registered in England/Wales under the registration number 06533509, with a registered address at NG13 8AQ, Nottingham, Nottinghamshire, Cabourn House Station Street, Bingham.

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