Yorpower Limited

YorPower Group, based in Leeds, UK, is a small, active company established sixteen years ago. With forty-five employees and £6,477,748 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports electrical machinery and equipment—nineteen months of import activity and ninety-nine months of export activity recorded.

The company’s website highlights its core business: supplying diesel generators, UPS systems, and control panel solutions. It’s a group of three brands—YorPower, PPSPower, and Glenace—that merged in January 2023 to streamline operations and leverage shared resources. The website emphasizes a commitment to becoming the most trusted provider in its sector, showcasing a range of services from generator installation to disaster recovery for damaged pianos. It also boasts a social media presence, actively engaging with customers and sharing industry news.

Financially, YorPower Group presents a mixed picture. Current assets increased by 15% to £6,500,000, while net assets increased by 22% to £3,900,000. However, trade debtors decreased significantly by 73%, falling to £320,000, which could indicate challenges in collecting payments. Bank borrowings increased by 2,400% to £29,000, and cash reserves fell 30% to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp increase in debt warrants attention. The company is exempt from an audit as a small company.

Overall, YorPower Group appears to be a stable, albeit slightly stretched, operation. Its focus on specialized equipment and its established presence in the industry suggest potential for continued growth, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 06885456, with a registered address at LS25 6PB, Leeds, Electricity Building Unit 2 Hurricane Close, Sherburn In Elmet.

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