Powertrain Services Uk Limited
00171839
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
director · Since 18/09/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
Persons with Significant Control
Wpg Uk Holdco Limited
Powertrain Services, Higher Woodcroft, Leek, ST13 5QF
Reg: 11855945 · England And Wales · Private Company Limited By Shares
Notified 01/12/2021
Former PSCs
Gkn Enterprise Limited
Ceased 13/11/2018
Gkn Industries Limited
Ceased 25/06/2019
Mr David Han
Ceased 01/12/2021
Mr Richard Cashin
Ceased 01/12/2021
Charges2 outstanding
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
CompanyRankvs 132+ SIC 28150 peers21
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera
Key FinancialsYear ending 31/12/2024
Turnover
£113k
Annual revenue
Net Worth
-£2.1M
Balance sheet strength
Cash
£9k
Cash in the bank
Profit Before Tax
-£3.2M
Bottom line earnings
Net Current Assets
-£4.0M
Working capital
Current Assets
£1.2M
Current Liabilities
£5.2M
Debtors
£1.2M
Operating Profit
-£5.5M
Profit After Tax
-£3.2M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | -£3.2M |
| 2023 | 1.13 | -£12.2M |
| 2021 | 0.03 | +£2.2M |
| 2019 | 0.06 | — |
Derived from filed accounts. Not audited figures.