Powermaster Limited

Powermaster Limited is a small, active holding company based in Paisley, UK. Founded seven years ago in March 2018, the company has three employees and holds £3,708,797 in assets. It operates from a virtual address – 105 other companies are registered at the same location – and is led by one director and one owner. Powermaster Limited regularly imports machinery, boilers, and mechanical appliances, parts, with 26 months of import activity recorded, the last in March 2025.

The company’s website, Powermaster Cooling Ltd, focuses on selling cooling solutions, with a clear emphasis on regional selection and a search function. It’s a simple, product-focused site, suggesting a B2B model rather than a complex e-commerce platform. The site doesn’t reveal much about the company's broader operations, but it highlights a focus on cooling equipment and related services.

Financially, Powermaster Limited presents a mixed picture. Cash bank on hand has increased significantly by 120% to £2,800,000, which is good news. However, creditors have also risen by 45% to £2,400,000, indicating increased borrowing. Trade debtors have fallen sharply by 43%, which could be a sign of better debt collection or reduced sales. Interestingly, other creditors have increased dramatically by 760%, and other debtors have increased by 4800% - these are unusual fluctuations that warrant further investigation. Despite these shifts, net assets have increased by 12% to £1,300,000, and 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. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The company operates in the steam and air conditioning supply industries, and the director is Shepherd Steven William.

Registered in Scotland under the registration number SC590300, with a registered address at PA1 3QS, Scotland, Paisley, Renfrewshire, 9 Glasgow Road.

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