POWER SUPPLIES GROUP LIMITED Financials
- Company number
- 08283351CopyCopy
- Registered office
- Unit B Venture Park, Lindon Road, Walsall WS8 7BW
- Incorporated
- 06/11/2012
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
53.40%vs 20232023: £1.12M
Total Assets
41.25%vs 20232023: £3.94M
Cash in Bank
-76.77%vs 20232023: £1.24M
Total Liabilities
36.42%vs 20232023: £2.82M
Employees
+7vs 20232023: 12
In 2024, POWER SUPPLIES GROUP LIMITED reported net assets of £1.72M. The same filing shows total assets of £5.56M, cash in bank of £288.62K and total liabilities of £3.84M. Reported headcount was 19 in 2024. Total Assets rose from £3.94M in 2023 to £5.56M in 2024 (41.25%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
53.40%from £1.12M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures POWER SUPPLIES GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+133%vs 2022+52.7% a year compound (CAGR)
Cash in Bank
+82.4%vs 2022+35% a year compound (CAGR)
Total Assets
+130%vs 2022+51.8% a year compound (CAGR)
Total Liabilities
+129%vs 2022+51.3% a year compound (CAGR)
Employees
+138%vs 2022+11Biggest increase
Employees+138%
8 in 2022 to 19 in 2024
Every indicator Okredo holds for POWER SUPPLIES GROUP LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from POWER SUPPLIES GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 30.88%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 69.12%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 7.51%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 5.19%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for POWER SUPPLIES GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 220.06K | 736.38K | 1.12M | 1.72M |
| Total Assets£ | 1.00M | 2.41M | 3.94M | 5.56M |
| Cash in Bank£ | 77.60K | 158.27K | 1.24M | 288.62K |
| Total Liabilities£ | 754.91K | 1.68M | 2.82M | 3.84M |
| Employees | 6 | 8 | 12 | 19 |
POWER SUPPLIES GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for POWER SUPPLIES GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
POWER SUPPLIES GROUP LIMITED reported net assets of £1.72M for 2024. That compares with £1.12M in 2023, a change of 53.40%.
POWER SUPPLIES GROUP LIMITED reported total assets of £5.56M for 2024. That compares with £3.94M in 2023, a change of 41.25%.
POWER SUPPLIES GROUP LIMITED reported cash in bank of £288.62K for 2024. That compares with £1.24M in 2023, a change of -76.77%.
POWER SUPPLIES GROUP LIMITED reported 19 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, POWER SUPPLIES GROUP LIMITED's net assets rose by 133%, cash in bank rose by 82.4%, total assets rose by 130% and total liabilities rose by 129%. Net assets compounded at 52.7% a year across the two years to 2024, from £736.38K to £1.72M. Reported headcount went from 8 in 2022 to 19 in 2024 (+11).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.