Powerbee Limited

Powerbee Ltd, based in Robertsbridge, UK, is a small, active company founded 17 years ago. With five employees and £104,707 in assets, it operates from a real address and is managed by two directors and a solo founder. Its Google rating of 5.0, based on 1917 reviews, speaks to its customer satisfaction. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with the latest import activity occurring in October 2024.

Powerbee Ltd specializes in solar lighting and garden lighting, offering a wide range of products from solar-powered water features to LED strip lights. Its website highlights a commitment to energy-efficient solutions, offering battery-powered and USB-powered alternatives alongside its core solar offerings. The business even designs some of its own lighting solutions, showcasing an innovative approach. The company has been around for nearly 16 years and prides itself on being one of the best-priced online stores in the UK.

Financially, Powerbee Ltd presents a mixed picture. Current assets have decreased by 14%, falling to £100,000, while net assets have plummeted 91%, settling at just £2,700. Bank borrowings have increased by a significant 24%, reaching £2,600, and cash reserves have shrunk by 52%, leaving just £180. Creditors have also increased, by 49%, reaching £80,000. 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 flexibility, but the substantial equity decline suggests potential financial pressures. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The sharp drop in equity, combined with increased debt, raises questions about the company's long-term sustainability. It’s possible that increased investment in inventory or marketing contributed to these changes, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 06486578, with a registered address at TN32 5JP, Robertsbridge, East Sussex, John's Cross Farm, Mountfield.

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