Pps Technical Ltd

PPS Technical Ltd, based in Minehead, UK, is a small, active company established ten years ago. With a single employee and £811,680 in assets, it’s a solo founder operation led by one director and owner. The company operates in the professional, scientific, and technical activities sector, and has a real registered address. While it’s an irregular importer of optical and medical tools and devices (just one month of imports recorded in 2022), it’s a regular exporter of electrical machinery and equipment, with 29 months of export activity as of November 2024.

The company's website, PPS Essentials, is a comprehensive online marketplace for cleaning, catering, medical, and workwear supplies. It caters to a wide range of businesses, from small offices to large industrial sites, offering everything from cleaning chemicals and catering disposables to PPE and first aid kits. The site is well-organized, with clear product categories and a user-friendly search function. It even has a blog section with helpful articles on topics like cleaning tips and safety regulations.

Financially, PPS Technical Ltd shows a mixed picture. Current assets increased by 6.5% to £810,000, while net assets also grew by 6.6% to £760,000. However, bank borrowings increased significantly, rising by 11% to £250,000, and cash reserves fell by 17% to £380,000. Trade debtors decreased by 4.1%, suggesting improved collection rates. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in borrowings warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s focus on a broad range of essential supplies, coupled with its online presence, suggests a business model geared towards convenience and efficiency. However, the increased borrowings indicate a need to manage cash flow effectively to sustain growth and navigate any potential economic headwinds.

Registered in England/Wales under the registration number 09536177, with a registered address at TA24 7JQ, United Kingdom, Minehead, Somerset, Plough Ridge, Winsford.

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