Pressure Vessel Services Limited

Pressure Vessel Services Ltd, based in Halifax, UK, is a small, family-run business with an active status. Founded 23 years ago in 02/11/2002, it employs eight people and holds £743,764 in assets. With a real address and five directors, it’s a well-established operation. The company regularly imports machinery, boilers, and mechanical appliances, with 18 months of import activity recorded, the latest in November 2024.

The company's website highlights its specialization in Liquid Gases installations, boasting over two decades of experience. They offer services ranging from tank refurbishment to specialist installations, emphasizing professionalism and compliance. A testimonial praises their work on specialist sites, highlighting confidence in their services. The site also promotes the advantages of LPG, including cost-effectiveness, cleanliness, and reliability. They even have a blog discussing the benefits of BioLPG.

Financially, Pressure Vessel Services Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 280% to £360,000, which is a positive sign. However, creditors have also increased substantially, rising 120% to £350,000. Bank borrowings have decreased by 36% to £18,000. Average employee numbers have increased by 25% to ten. While the company meets the criteria for being a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increase in creditors suggests they may be managing cash flow more tightly. There is no auditor mentioned, which is typical for small companies.

Overall, Pressure Vessel Services Ltd appears to be a stable, well-regarded business. The increased employee count and cash reserves are encouraging, but the rise in creditors warrants monitoring. The company's focus on specialist services and its strong Google rating suggest a loyal customer base, which should help it weather any financial challenges.

Registered in England/Wales under the registration number 04414992, with a registered address at HX3 7SA, Halifax, West Yorkshire, The Poplars Coley Road, Coley.

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