Powred Heating Components Limited

Powred Heating Components Ltd from Bristol, UK, is a medium-sized, active family business established 21 years ago. Employing 107 people, the company holds £7,117,251 in assets and generates £24,471,465 in yearly revenue. With five directors and two owners, it operates from a real address and boasts a stellar 5.0 Google rating based on 68 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts (for 21 months), and occasionally exports electrical machinery and equipment (for 1 month).

The company’s website showcases a vast selection of heating and plumbing supplies, catering to both domestic and commercial customers. It’s primarily an e-commerce platform, with categories ranging from boiler spare parts and radiators to pipework and electrical components. While not a marketplace, the site offers a comprehensive catalog, allowing customers to search for specific parts by brand or model. There's a lot of product listings, and a clear focus on technical specifications.

Financially, Powred Heating Components Ltd presents a mixed picture. Creditors increased by 14%, reaching £3,600,000, while cash bank on hand dropped 20% to £1,000,000. The company's average number of employees rose by 19%, reaching 130, and administrative expenses increased by 19% to £5,600,000. Despite a 13% increase in turnover to £24,471,465, net assets declined by 5%, reaching £4,200,000. A significant increase in company contributions to money purchase plans for directors (160,000) also impacted the financial picture. The company is audited by Peregrine Accountants and Business Advisers Ltd.

These numbers suggest the company is growing, but also facing increased costs. The rise in administrative expenses and the decrease in net assets could indicate investments in expansion or challenges in managing profitability. However, the high turnover and strong Google rating suggest a healthy demand for its products and services.

Registered in England/Wales under the registration number 04790678, with a registered address at BS39 7LE, Bristol, The Triangle, Paulton.

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