Powerflex Batteries Ltd
- Small
- Holding
- Active
- 23 years
- 8 employees
- £1,324,496 (assets)
- Real address
- 1 director
- 2 owners
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Powerflex Batteries Ltd, based in Cannock, UK, is a small holding company with an active status, having been established 23 years ago in 2002. Employing just eight people, the company holds assets totaling £1,324,496. It operates from a real address and is overseen by one director and two owners. Powerflex Batteries is a regular importer of electrical machinery and equipment, with 59 months of import activity recorded, the latest in February 2025. It also engages in irregular exporting of machinery, boilers, and mechanical appliances, with just one month of export activity recorded in June 2022.
The company's website, powerflexbatteries.co.uk, showcases its specialization in motive power batteries and accessories for the material handling sector. They supply, fit, and maintain batteries for logistics equipment, emphasizing high-quality products, reliable service, and upfront communication. The site highlights their agile approach and UK warehouse stocked with traction batteries, promising quick order fulfillment. They even have plans for a new premises, product range, and website coming soon.
Financially, Powerflex Batteries Ltd presents a mixed picture. Current assets have decreased by 16% to £1,300,000, while net assets have fallen 4.9% to £650,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £130,000. Creditors decreased by 18%, 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, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, Powerflex Batteries Ltd seems to be facing some financial pressures, despite its strong market positioning and customer focus. The company’s holding structure and small size suggest a lean operation, but the recent financial trends warrant close monitoring.
Registered in England/Wales under the registration number 04396165, with a registered address at WS11 0ET, Cannock, Staffs, Unit 19 Rumer Hill Business Estate, Rumer Hill Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 1
- 75%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 3
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 23 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-14 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2024-01-14 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Powerflex Batteries Ltd
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