Powervault Ltd

Powervault Ltd from Hendon UK: a small holding company with an active status, was founded 12 years ago and employs 22 people. It holds £1,826,668 in assets and operates from a real address with four directors and one owner, boasting a Google rating of 4.0 from 27 reviews. The company regularly imports electrical machinery and equipment, with 45 months of import activity recorded.

Powervault Ltd operates in the manufacture of other electrical equipment industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 45 months of imports. The last import operation was conducted on February 01, 2025.

Looking at the financials, Powervault Ltd shows some concerning trends. Current assets have decreased significantly by 46%, dropping to £1,800,000, while net assets have plummeted 19%, reaching -£16,000,000. Bank borrowings have increased, reaching £45, and cash reserves have fallen 71%, sitting at £680,000. Creditors have also increased, suggesting a need to manage debt. Despite these challenges, the company’s small size allows for agility. The company has not mentioned an auditor, likely due to its status as a small company.

The significant drop in equity is a particular point of interest. While it could be due to various factors, such as investments or restructuring, it’s something to keep an eye on. The company's small size and focus on importing electrical equipment suggest a niche market, but the financial pressures indicate a need for careful management.

Registered in England/Wales under the registration number 08313356, with a registered address at NW9 6AQ, England, Hendon, London, Unit 9, Garrick Industrial Estate, Irving Way.

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