Pr Powersaving Solutions Limited

Pr Powersaving Solutions Ltd, based in Mansfield, UK, is a sizable company with an active status, operating as a holding company. Established eleven years ago in December 05, 2013, it employs 38 people and holds assets worth £6.483 million. The company’s yearly revenue stands at £14.287 million, demonstrating a robust financial performance. With three directors and one owner, the company is well-managed, and the list of directors was changed three months ago.

The company’s core business revolves around designing, manufacturing, and supplying battery power units for commercial use. Its website showcases a range of "Hussh Pods" – battery energy storage solutions – targeting sectors like healthcare, construction, and TV/film. The company offers both hire and purchase options, emphasizing reduced CO2 emissions and energy savings. They also provide hybrid power systems and even offer bespoke solutions tailored to specific client needs.

Financially, Pr Powersaving Solutions Ltd presents a mixed picture. While turnover increased by a healthy 34%, net assets decreased significantly, falling 67% to £6 million. Bank borrowings increased by 0.78%, reaching £4.8 million, and cash reserves dropped 30% to £1.6 million. Creditors, however, decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, and the lack of an auditor mentioned likely means unaudited accounts.

The surge in administrative expenses by 65% could be a factor in the decline in net assets, perhaps reflecting increased marketing efforts or operational expansion. The company's focus on sustainable energy solutions and its commitment to reducing environmental impact positions it well for future growth, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08804234, with a registered address at NG20 9QU, England, Mansfield, Nottinghamshire, Units 1 To 7 Dukeries Court Medenside, Meden Vale.

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