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Powair Automation Limited

00457017

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

POWAIR, NEST ROAD, GATESHEAD, NE10 0ES
Incorporated 30/06/1948

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Christopher Smith

director · Since 22/10/1999

ENGINEER

BRITISH · UNITED KINGDOM · Age 73

Also on 6 other boards

Persons with Significant Control

The Automation Group Limited

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors

The Automation Group Limited, Nest Road, Gateshead, NE10 0ES

Reg: 03827271 · Companies Registry England · Limited Company

Notified 06/04/2016

Former PSCs

Mr Christopher Smith

Ceased 25/03/2026

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 22/02/2000Registered 29/02/2000
charge
outstanding

BARCLAYS BANK PLC

Created 19/01/2000Registered 27/01/2000
charge
outstanding

3I GROUP PLC

Created 03/06/1997Registered 05/06/1997
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/07/1994Registered 05/08/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/05/1994Registered 03/06/1994
charge
satisfied

CLOSE BROTHERS LIMITED

Created 08/01/1993Registered 15/01/1993Satisfied 25/04/1997
charge
satisfied

STANDARD CHARTERED BANK

Created 01/02/1990Registered 09/02/1990Satisfied 25/04/1997

CompanyRankvs 459+ SIC 28220 peers
35

Financial strength50th percentile among SIC peers · 13/25
Employees14th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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459Powair Automation Limited
45
How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£76k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£76k

Current Liabilities

—

0avg. employees

Tax at Year End(2021)

Corp tax£4k

Balance Sheet

Assets less current liabilities£76k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£1k
2023—-£3k
20211.45+£17k
20201.98-£9k
20191.78—

Derived from filed accounts. Not audited figures.