Tractive Power Limited
- Active
- Small
- 18 years
- 5 employees
- £231,251 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- Leek
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Tractive Power Ltd, based in Leek, UK, is a small, active company founded 17 years ago. With eight employees and £180,654 in assets, it operates from a real address and is managed by two directors and a single owner. The company regularly imports electrical machinery and equipment (for 13 months) and exports vehicles, parts, and accessories (not for trains or trams) for 30 months.
The company’s website highlights its expertise in designing and manufacturing battery-powered electric tugs and pedestrian handling equipment. It caters to a range of industries, including automotive, logistics, general textiles, construction, paper, railways, and aerospace, offering solutions for moving heavy loads safely. The website features a product finder, case studies, and testimonials, emphasizing its industry-leading solutions and UK-based manufacturing with a two-year warranty. It also has a newsletter sign-up and useful links section.
Financially, Tractive Power Ltd presents a mixed picture. Current assets have decreased by 26% to £180,000, while net assets have fallen 35% to £68,000. Bank borrowings have significantly increased by 290% to £33,000, and cash reserves have risen 37% to £49,000. Creditors have also increased by 47% to £96,000. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.
The surge in bank borrowings could indicate investments in equipment or expansion, while the increase in creditors suggests a reliance on trade credit. The company’s focus on specialized equipment and its strong online presence suggest a niche market strategy, but the financial data suggests it’s working hard to maintain its position.
Registered in England/Wales under the registration number 06467773, with a registered address at ST13 6BL, England, Leek, Cherry Tree Court, Cross Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 months
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Notification of Lucy Jane Ratcliffe as a person with significant control on 2026-01-08Download 2 pages pdf report
-
Confirmation statement made on 2026-01-09 with updatesDownload 5 pages pdf report
-
Change of details for Mr Brendan Alexander Ratcliffe as a person with significant control on 2026-01-08Download 2 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Tractive Power Limited
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