Powtechnology Limited

Powtechnology Limited, based in Tamworth, UK, is a small, active company founded 34 years ago in 1990. Employing 17 people, it holds £747,707 in assets and operates from a real address. With three directors and two owners, the company is a regular importer and exporter of optical and medical tools and devices, having imported for 56 months and exported for 62 months.

The company’s website reveals a focus on remote monitoring data-driven solutions for various industries. Powtechnology designs, manufactures, and supports these solutions, leveraging its 35 years of experience in instrumentation, communications software, and IIoT hardware. They offer digital transformation solutions that integrate their own technologies with trusted third-party instrumentation, delivering data from sensors and machines to the cloud to improve reliability, performance, and sustainability. Key sectors served include fuel management, utilities, pumping, power and energy, transport, waste management, environment, chemicals, flood protection, construction, security, and agriculture. The website also highlights case studies demonstrating successful implementations with companies like Cemex, Henkel, FUCHS, United Utilities, GreenChem, and Selwood.

Financially, Powtechnology Limited shows a mixed picture. While cash bank on hand increased significantly by 110% to £140,000, net assets only increased slightly to £40,000. Bank borrowings remained relatively stable, but trade debtors decreased by 6.3% to £260,000. 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 agility, but the fluctuating financials suggest a need for careful management. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Powtechnology Limited appears to be a stable, long-standing company navigating the challenges of a competitive market. Its focus on IIoT solutions and data-driven insights positions it well for future growth, but close attention to financial performance will be crucial.

Registered in England/Wales under the registration number 02549947, with a registered address at B77 5ES, United Kingdom, Tamworth, Staffordshire, Unit 12 Ninian Park, Ninian Way.

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