Powerail Limited

Powerail Ltd, based in London, UK, is a small, active company with a long history, having been founded 56 years ago in 2018. It employs just five people and holds £1,542,735 in assets. With a real address and a single director and owner, it’s a tightly managed operation. The company is an irregular importer of electrical machinery and equipment, with just two months of import activity recorded, the latest in September 2023. It boasts a perfect 5.0 Google rating from one review.

The company operates in the non-specialised wholesale trade industries, likely sourcing and distributing electrical components or equipment to businesses. While a website isn's available to analyse, its status as an importer suggests a focus on supplying goods from overseas.

Financially, Powerail Ltd presents a mixed picture. Current assets remained stable at £1,500,000, while net assets remained steady at £1,200,000. Bank borrowings increased by 13%, reaching £1,200,000, and cash reserves increased by 13% to £1,100,000. Creditors decreased by 38%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. Disposals of plant machinery increased by 11%, which could be a sign of modernisation or restructuring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Powerail Ltd appears financially stable, but the fluctuating import activity and lack of a visible online presence raise questions about its long-term strategy. The company’s longevity suggests a resilient business model, but adapting to changing market conditions will be crucial for continued success.

Registered in England/Wales under the registration number 00944499, with a registered address at N12 8PT, London, 853a High Road, Finchley.

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