Powerjet Solutions Ltd.
- Active
- Small
- 8 years
- 1 employee
- £697,087 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 1 owner
- Solo founder
- Glasgow
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 Solutions Ltd, based in Glasgow, UK, is a small, active company founded eight years ago in 2017. With a single employee and £756,797 in assets, it operates from a virtual address shared by 175 other companies – a bit unusual, really. The business is led by two directors, one of whom is also the solo founder, Adams David.
The company specialises in high-pressure water jetting solutions, acting as the exclusive UK and European distributor for Jetstream. Its website highlights sales, rentals, and services related to high-pressure and ultra-high-pressure equipment, also manufacturing and supplying these units. They cater to industries seeking economically viable and user-friendly solutions, boasting relationships with both longstanding and new clients. The website also mentions a piano restoration business, 1066 Pianos, which seems to be a separate venture.
Financially, Powerjet Solutions Ltd shows a mixed picture. Cash bank on hand has increased by a healthy 31% to £440,000, and finished goods are up 5% to £75,000. However, accrued liabilities deferred income has dramatically decreased by 88% to just £220. Creditors have risen significantly by 59% to £180,000, and trade debtors remain stable. Despite this, net assets and liabilities have both increased by 7.1% to £570,000. 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. No auditor is mentioned, which is typical for companies of this size.
Overall, Powerjet Solutions Ltd appears to be financially stable, with a good cash position. The increase in creditors suggests they're investing in growth, and the stable trade debtors indicate good customer payment habits. The decrease in accrued liabilities deferred income is a bit concerning, but without more context, it’s hard to say what that means. It's a solid, albeit small, operation with a clear focus on its niche market.
Registered in Scotland under the registration number SC560095, 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.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 months
- 1
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 6 pages pdf report
-
Second filing for the appointment of Mr William Adams as a directorDownload 3 pages pdf report
-
Appointment of Mr Adam Williams as a director on 2025-03-17Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Last exported products
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