Poweronics Ltd

Poweronics Ltd, based in Bedford, UK, is a small, active company founded two years ago. With three employees and £429,826 in assets, it's a solo-founded operation managed by four directors and one owner. The company's real address is shared by only four other businesses, indicating a genuine location. Poweronics regularly imports electrical machinery and equipment—four months of import activity recorded—and exports it for a more substantial 36 months.

The company's website reveals a focus on power electronics and solutions, specializing in gate drivers for high-power applications. They design and manufacture these drivers for IGBT and silicon carbide MOSFETs, offering both standard and custom designs. Beyond drivers, Poweronics provides design services for power converters, power quality solutions, and even offers expertise in areas like museum-grade piano restoration. They’re clearly targeting a technical, B2B audience, with a focus on high-quality components and specialized services.

Financially, Poweronics Ltd shows a mixed bag. While cash bank on hand increased by 20% to £180,000, current assets dropped by 19% to £430,000. Debtors have increased significantly, jumping 260% to £48,000, which could be a sign of increased sales but also a potential risk if payments are delayed. On the other hand, creditors have decreased by a substantial 59%, suggesting improved debt management. Net assets increased by 140% to £190,000, a positive sign. 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. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Poweronics Ltd appears to be a growing business with a niche focus, but the increase in debtors should be monitored closely. The company’s technical expertise and specialized services position it well for continued success, and the increased cash reserves provide a buffer against potential financial challenges.

Registered in England/Wales under the registration number 14211807, with a registered address at MK44 3BZ, England, Bedford, Potton House Great North Road, Wyboston.

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