W B Power Services Limited
- Large
- Holding
- Active
- 38 years
- 221 employees
- £79,881,300 (assets)
- £142,756,485 (revenue)
- Real address
- 13 directors
- 1 owner
- Regular importer
- Irregular exporter
- Rating 4.0 (14)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
W B Power Services Limited, based in Heanor, UK, is a large, holding company with an active status. Established 38 years ago in 1987, it employs 221 people and manages substantial assets of £79,881,300, generating a yearly revenue of £142,756,485. The company, overseen by 13 directors and a single owner, boasts a Google rating of 4.0 based on 14 reviews. It regularly imports electrical machinery and equipment (31 months) and occasionally exports (1 month).
The company operates in the manufacture of engines and turbines, railway locomotives, and rolling stock. Its website is unavailable for analysis.
Financially, W B Power Services Limited presents a mixed picture. While turnover increased by a solid 31% to £140 million, net assets declined by 25% to £46 million. Bank borrowings increased significantly, rising by 1,400% to £29 million, while cash reserves dropped by 62% to £11 million. Creditors also increased by 43% to £55 million. The company's large size (meeting two of three conditions for a large company) suggests it’s a significant player in its sector. The lack of auditor information suggests it’s exempt from a full audit.
The surge in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be burning through money. However, the increase in turnover indicates strong sales. The company's substantial debt, while concerning, could be a result of investments in expansion or new equipment. The directors report that the company has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice.
Registered in England/Wales under the registration number 02120023, with a registered address at DE75 7RJ, England, Heanor, Derbyshire, Heanor Gate Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- The Wilmott Group Ltd
- 1 year
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Stevenson Kate
- 1 year
- 1
-
Resident of United Kingdom
-
Individual
- Desai Trushar
- 2 years
-
Resident of United Kingdom
-
Individual
- Betteridge Richard
- 2 years
-
Resident of United Kingdom
-
Individual
- Ball David Leslie
- 2 years
-
Resident of United Kingdom
-
Individual
- Hamblett Phil
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Registration of charge 021200230017, created on 2025-03-25Download 15 pages pdf report
-
Satisfaction of charge 021200230011 in fullDownload 1 page pdf report
-
Satisfaction of charge 9 in fullDownload 1 page pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
Similar exporters
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- HS codes
- Financial data
- Officers and owners
FAQ about W B Power Services Limited
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