Performance Engineering Solutions
233 Research Dr #1, Milford, CT 06460
Milford, Connecticut, United States
Address
City: Milford
Neighborhood: Milford Lawns
State: Connecticut
Postal Code: 06460
Country: United States
Business facts
Estimated annual revenue~$1.6M
Estimated employees~4
Annual payroll (2021)~$1.5M
In business since2001
Based on reported payroll data
Contacts
Manager Of Sales
Area statistics (06460)
Population37,208
Median household income$100,614
Source: US Census ACS
About
Performance Engineering Solutions is located in Milford, Connecticut, and was founded in 2001. This business is working in the following industry: Engineering Consultant. Annual sales for Performance Engineering Solutions are around $0.0 – $1.0M.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Engineering Consultant).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$1.3M2019
~$1.3M2020
~$1.4M2021
~$1.4M2022
~$1.5M2023
~$1.6M2024
Modeled from official industry statistics+4.4%/yr since 201980% confidence band: ±51%
Company profile
Incorporated2001 (CT)
Observed
Property
Lot size5.51 acres
ZoningID
CountySouth_central_connecticut_planning_region
Parcel ownerDAMATO INVESTMENTS LLC
Assessed value$2.4M
On this lotshared with 27 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$2.0K · 2 jobs reported
EIDL disaster loan (2020)$40.0K
Second PPP loan (2021)$307.6K · 13 jobs reported · $310.0K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineering Consultant in Connecticut | 400 | ~$2.4B | ~$6.1M | ~$2.2M | 5.0★ | 0.7× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by Ees Engineering, Lochner, Enjet Aero Manchester (+11 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 139 | ~$465.1M | ~$3.3M | ~$699.9K | 1,093 | ~$117.4M | 2.3× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 35 | ~$273.1M | ~$7.8M | — | 249 | — | — |
| Professional, scientific and technical activities | 12 | ~$45.2M | ~$3.8M | — | 88 | — | — |
1 km area (all businesses): median from the 114 of 139 businesses with estimates
Estimate
Area conditions (06460)
Population37,208 ±972
Median household income$100,614 ±$6,665
Median home value$358,600
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS