Price Engineered Solutions Ltd

Price Engineered Solutions Ltd, based in Sittingbourne, UK, is a small, active company founded six years ago in 2018. It employs thirteen people and holds £1,364,109 in assets. With two directors, but no reported owners, the company operates from a real address shared by only two other businesses. It’s a regular importer of machinery, boilers, and mechanical appliances, with a 28-month import history, the most recent in February 2025.

The company’s website highlights its role as a leading designer and manufacturer of heating and ventilation solutions across the UK. It specializes in natural and displacement ventilation systems, grilles, diffusers, and radiant panels, partnering with Duco for external louvre screening. The site emphasizes quality products and a professional, knowledgeable approach, catering to key projects and offering a wide range of components. The company operates in the manufacture of non-domestic cooling and ventilation equipment industries.

Financially, Price Engineered Solutions Ltd shows a mixed picture. Current assets decreased by 13% to £1,400,000, while net assets increased by 7.2% to £1,000,000. Cash bank on hand fell dramatically by 38%, dropping to £650,000. Trade debtors increased significantly by 41%, reaching £600,000, while trade creditors decreased by 46%, falling to £200,000. Bank borrowings are not reported. The company is classified as small, meeting two of three conditions for size (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The lack of an auditor mentioned suggests it's exempt from an audit as a small company.

The company's growth in debtors could indicate increased sales, but also potential challenges in collecting payments. The decrease in cash reserves, however, suggests it’s burning through money. The directors list was changed three months ago, which is a good sign. Overall, Price Engineered Solutions Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 11483534, with a registered address at ME10 4BJ, England, Sittingbourne, Uhy Hacker Young Thames House, Roman Square.

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