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Power Wholesale Limited

00804586

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

CLOCKMILL ROAD, GATESHEAD, NE8 2QX
Incorporated 08/05/1964

Compliance

Last accounts

31/07/2025

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/04/2026

Due 06/05/2027

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Benjamin James Armstrong

director · Since 29/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 28 other boards

Mr William Sones Woof

director · Since 29/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 25 other boards

Persons with Significant Control

Marlowe Holdings Investments Limited

75–100% shares
75–100% votes
Appoint directors

Edmundson House, Tatton Street, Knutsford, WA16 6AY

Reg: 00462411 · Companies House · Private Company Limited By Shares

Notified 29/11/2024

Former PSCs

Mr Neil William Cornish

Ceased 27/01/2017

Mr Keith Victor Cornish

Ceased 26/01/2017

Mr Stephen Cornish

Ceased 27/01/2017

Charges3 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 02/12/2019Registered 10/12/2019
charge
outstanding

YORKSHIRE BANK

Created 10/08/2004Registered 17/08/2004
charge
satisfied

YORKSHIRE BANK PLC

Created 27/11/2001Registered 28/11/2001Satisfied 06/08/2024
charge
satisfied

YORKSHIRE BANK PLC

Created 05/04/2001Registered 25/04/2001Satisfied 06/08/2024
charge
outstanding

YORKSHIRE BANK PLC

Created 04/12/2000Registered 06/12/2000
charge
satisfied

TSB COMMERCIAL FINANCE LIMITED

Created 26/05/1994Registered 07/06/1994Satisfied 20/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 14/01/1993Registered 16/01/1993Satisfied 20/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 04/04/1991Registered 09/04/1991Satisfied 22/10/1997
charge
satisfied

MIDLAND BANK PLC

Created 16/08/1990Registered 18/08/1990Satisfied 30/07/1996
charge
satisfied

MIDLAND BANK PLC

Created 11/05/1990Registered 17/05/1990Satisfied 20/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 26/04/1990Registered 02/05/1990Satisfied 20/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 16/10/1989Registered 27/10/1989Satisfied 20/01/2001
charge
satisfied

ALLIANCE AND LEICESTER BUILDING SOCIETY

Created 13/10/1989Registered 27/10/1989Satisfied 14/03/2014

CompanyRankvs 105+ SIC 46520 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/01/2022

Net Worth

£3.7M

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£5.3M

Current Liabilities

£2.1M

Fixed Assets

£1.5M

Debtors

£2.8M

46avg. employees

Balance Sheet

Intangible assets£4k
Bank loans & overdrafts£1.1M
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20222.53+£730k
20212.50+£362k
20201.62+£379k
20191.69

Derived from filed accounts. Not audited figures.