Power Electrics (Bristol) Limited
00776704
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 11 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 10/11/2025
Due 24/11/2026
Industry
Officers
director · Since 23/04/1992
CO MANAGING DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
director · Since 17/10/2024
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 17/10/2024
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
director · Since 03/03/2025
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 47
Also on 3 other boards
Persons with Significant Control
Power Electrics (Holdings) Limited
Unit 1&2, St. Ivel Way, Bristol, BS30 8TY
Reg: 15912822 · England And Wales · Private Company Limited By Guarantee
Notified 17/10/2024
Former PSCs
Mr John Robert Pullin
Ceased 17/10/2024
Mr Andrew James Pullin
Ceased 17/10/2024
Charges11 outstanding
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ABN AMRO LEASE N.V.
HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD
THE POWER ELECTRICS EXECUTIVE PENSION SCHEME
LOMBARD NORTH CENTRAL PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
MIDLAND BANK PLC
CompanyRankvs 283+ SIC 71121 peers62
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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
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. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2024
Turnover
£46.4M
Annual revenue
Net Worth
£29.0M
Balance sheet strength
Cash
£5.4M
Cash in the bank
Profit Before Tax
£9.1M
Bottom line earnings
Net Current Assets
£3.4M
Working capital
Current Assets
£20.4M
Current Liabilities
£17.0M
Fixed Assets
£34.7M
Debtors
£10.8M
Cost of Sales
£26.5M
Gross Profit
£19.9M
Admin Expenses
£10.4M
Operating Profit
£9.6M
Profit After Tax
£7.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.20 | +£5.2M |
| 2023 | 1.21 | +£5.5M |
| 2021 | 0.99 | +£2.6M |
| 2020 | 0.52 | -£1.7M |
| 2019 | 1.00 | — |
Derived from filed accounts. Not audited figures.