POWER ELECTRONICS CORP UK LTD
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-02-02 (in 9mo)
Last made up 2026-01-19
Watchouts
None on the register
Cash
£14M
+41% highest in 5 filed years
Net assets
£7M
+54.7% highest in 5 filed years
Employees
48
+23.1% highest in 5 filed years
Profit before tax
£3M
+405% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £77,015,190 | £102,284,996 | |
| Operating profit | — | — | — | £472,270 | £2,911,278 | |
| Profit before tax | — | — | — | £624,723 | £3,154,854 | |
| Net profit | — | — | — | £469,923 | £2,367,145 | |
| Cash | £2,427,211 | £1,857,700 | £1,821,011 | £10,149,450 | £14,314,528 | |
| Total assets less current liabilities | £1,166,350 | £2,462,096 | £2,979,143 | £4,326,374 | £6,693,519 | |
| Net assets | £1,166,350 | £2,462,096 | £2,979,143 | £4,326,374 | £6,693,519 | |
| Equity | — | — | — | £4,326,374 | £6,693,519 | |
| Average employees | 19 | 22 | 28 | 39 | 48 | |
| Wages | — | — | — | £1,932,273 | £2,670,141 | |
| Directors' remuneration | — | — | — | £77,556 | £86,350 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+32.8%
£77,015,190 £102,284,996
-
Cash
+41%
£10,149,450 £14,314,528
highest in 5 filed years
-
Net assets
+54.7%
£4,326,374 £6,693,519
highest in 5 filed years
-
Employees
+23.1%
39 48
highest in 5 filed years
-
Operating profit
+516.4%
£472,270 £2,911,278
-
Profit before tax
+405%
£624,723 £3,154,854
-
Wages
+38.2%
£1,932,273 £2,670,141
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 0.6% | 2.8% | |
| Net margin | — | — | — | 0.6% | 2.3% | |
| Return on capital employed | — | — | — | 10.9% | 43.5% | |
| Gearing (liabilities / total assets) | — | — | — | 87.3% | 84.0% | |
| Current ratio | 1.52x | 4.42x | 1.29x | 1.14x | 1.19x | |
| Interest cover | — | — | — | 8.83x | 35.29x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bright Grahame Murray
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Global logistics challenges persisted, though improved planning reduced disruption.”
- “Inventory increased from £1.81m to £2.69m to ensure continuity of supply.”
- “Major customer projects contributed to strong sales, with service income also rising due to higher project activity and an expanding installed base.”
- “Headcount increased to 48, with total employce costs rising from £2.19m to £3.07m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SALVO LILLO, Abelardo | Director | 2012-08-17 | May 1968 | Spanish |
| SALVO LILLO, Amadeo | Director | 2012-08-17 | Mar 1967 | Spanish |
| SALVO LILLO, David | Director | 2012-08-17 | Aug 1974 | Spanish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAMBERS, Samantha | Director | 2012-08-08 | 2012-08-17 |
| PALACIN, Javier | Director | 2013-06-01 | 2013-08-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Power Electronics Internacional Sl | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| Mr David Salvo Lillo | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Amadeo Salvo Lillo | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Abelardo Salvo Lillo | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-26 | CH01 | officers | Change person director company with change date | |
| 2026-03-18 | AA | accounts | Accounts with accounts type full | |
| 2026-03-17 | CH01 | officers | Change person director company with change date | |
| 2026-02-17 | CH01 | officers | Change person director company with change date | |
| 2025-06-30 | AA | accounts | Accounts with accounts type medium | |
| 2025-01-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-15 | AA | accounts | Accounts with accounts type medium | |
| 2024-01-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-01-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-01-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-07 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-01-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-24 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.