W B Power Services Limited
- Active
- Large
- 39 years
- 308 employees
- £75,246,908 (cur assets)
- £131,402,672 (revenue)
- 54m+
- Regular importer
- Regular exporter
- Real address
- 2 directors
- No owners
- Heanor
- Rating 4.0 (14)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 2 months ago, a good sign to sell them something.
Field of Operation
Website
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.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 2 months
- 5
-
Resident of United Kingdom
-
Individual
- 11 months
- 2
-
Resident of Switzerland
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Previous accounting period shortened from 2026-04-30 to 2025-12-31Download 1 page pdf report
-
Full accounts made up to 2025-04-30Download 27 pages pdf report
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Appointment of Lauren Marie Bradshaw as a director on 2026-04-30Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about W B Power Services Limited
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