Powerjet Rentals Ltd.
- Small
- Active
- 21 years
- 5 employees
- £2,368,556 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
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
Summary
Powerjet Rentals Ltd, based in Glasgow, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs five people and holds £2,368,556 in assets. Operating from a virtual address, it’s managed by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 173 months of import activity recorded, the last in February 01, 2025. It also exports similar equipment, with seven months of export activity, the last in November 01, 2024.
The company’s website, Powerjet, specializes in high-pressure and ultra-high-pressure water jetting solutions, acting as the exclusive UK and European distributor for Jetstream. It manufactures and supplies equipment, focusing on sales, rentals, and services. The site highlights its commitment to economically viable and user-friendly solutions for challenging industries, cultivating relationships with both longstanding and new clients. The company offers solutions for cutting, cleaning, and stripping, with applications in various industries. A YouTube channel showcases the equipment in action. The company operates in the manufacture of other special-purpose machinery and the renting and leasing of machinery, equipment, and tangible goods.
Financially, Powerjet Rentals Ltd presents a mixed picture. Cash bank on hand increased by 44% to £1,900,000, while current assets grew by 26% to £2,400,000. However, net assets increased by 24% to £1,800,000. Bank borrowings surged, reaching £650. Creditors increased by 29% to £970,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the rise in bank borrowings and creditors suggests it’s relying more on external financing. The average number of employees increased by 20% to six. With no auditor mentioned, the figures are unaudited. The company’s directors acknowledge their responsibilities for complying with the requirements of the Act.
Registered in Scotland under the registration number SC258104, with a registered address at G3 7PY, Scotland, Glasgow, 14 Newton Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 13 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-30 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-01-30 with 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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