P.p.i. Engineering Ltd

Ppi Engineering Ltd, based in Norwich, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2005. The company employs 33 people and holds assets valued at £1,224,471. With three directors and three owners, and a real address, Ppi Engineering operates as a regular importer and exporter of electrical machinery and equipment, having imported for eight months and exported for twenty-one months.

The company’s website highlights its expertise in the design and support of rotating electrical machines and associated equipment, serving sectors like ocean energy, power generation, and renewables. It offers design services, equipment supply, and support packages, catering to both new equipment and existing installations. Ppi Engineering’s work extends to refurbishment, obsolescence solutions, and even disaster recovery for damaged generators. It's clear that they’re not an e-commerce business, but rather a service-oriented company focused on specialized engineering solutions.

Financially, Ppi Engineering Ltd’s report shows some concerning trends. While cash reserves increased by a respectable 71% to £440,000, other key metrics paint a less positive picture. Current assets decreased by 11% to £1,200,000, and debtors fell by 30% to £760,000, suggesting slower customer payments. Interestingly, bank borrowings decreased significantly, dropping 100% to zero. Creditors also decreased, which is good, but the most notable change is the substantial 59% decrease in provisions for liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in net assets warrants further investigation. There’s no auditor mentioned, which is common for small, exempt companies. Overall, Ppi Engineering Ltd seems to be navigating a period of adjustment, with some areas showing improvement while others require close monitoring.

Registered in England/Wales under the registration number 05421743, with a registered address at NR7 0HT, England, Norwich, Norfolk, Api Holdings Group Engineering Centre Northside, St. Andrews Business Park, Thorpe St Andrew.

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