POWER ELECTRONIC MEASUREMENTS LIMITED
Company number 02631230 · Monitor this company
Executive summary
Power Electronic Measurements Limited has a substantial balance sheet with £4.24M net assets and strong liquidity (current ratio 3.95x), but is on a clear downward trajectory with retained earnings declining by £2.44M since 2022 and cash reserves falling 66.6% over the same period. The business remains comfortably solvent and can service debt obligations, but the sustained losses and significant cash depletion require explanation before full credit confidence can be established. A conditional approval with group guarantee from Pem Holdings Ltd and regular monitoring of profitability and cash flow is recommended.
Shareholders' funds
£4,235,534
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-07-22
- Employees
- 37 (2024 accounts · was 34 in 2023)
- Registered office
- Gloucester House 162 Wellington Street, Long Eaton, Nottingham, NG10 4HS
- Postcode
- NG10 4HS
- Capital
- 59 GBP
- Accounts category
- Small
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-22
- Next due by
- 2027-08-05
Nature of business (SIC)
- 26511 Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
- 26512 Manufacture of electronic industrial process control equipment
Officers 5 current · 8 resigned
Group structure
Controlled by PEM HOLDINGS LTD — since 2016-06-29
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 15 BARRATT LANE, ATTENBOROUGH, NOTTINGHAM, NG9 6AD | 2012-04-05 |
| ETON COURT, WEST HALLAM, DERBY. DERBYS., DE7 6NB | 1991-08-05 |
| ETON COURT, WEST HALLAM, DERBY. DERBYS., DE7 6NB | 1991-08-05 |
At this address
The largest employer
of 8 similar companies in NG, with 37 staff.
Competitors Nottingham
This company ranks 3 among manufacture of electronic measuring, testing etc. equipment, not for industrial process control in Nottingham.
The class of 1991
50%
of the 20,888 companies incorporated in 1991 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2022-11-09
- Where
- Derbyshire
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| DY439633 | Derbyshire | Freehold | 2022-11-09 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.