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Power Testing Limited

00956853

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
68 / 100

Some Concerns

30/30
Filing
20/30
Financial
18/40
Risk
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

33 HANBURY ROAD, CHELMSFORD, CM1 3AE
Incorporated 24/06/1969

Compliance

Last accounts

16/07/2025

total exemption full

Next accounts due

16/04/2027

On track

Confirmation statement

Last: 10/05/2026

Due 24/05/2027

On track

Industry

71200
Technical testing and analysis

Officers

Mr Christopher Colin Park

director · Since 10/05/2002

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Christopher James Peter Kehoe

director · Since 17/07/2025

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 54

Also on 30 other boards

Mr Gregor Duncan Roberts

director · Since 17/07/2025

CHIEF FINANCIAL OFFICER

SCOTTISH · SCOTLAND · Age 50

Also on 30 other boards

Persons with Significant Control

March (Group) Limited

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

4, Kilmartin Place, Glasgow, G71 5PH

Reg: Sc507737 · Companies House · Private Limited Company

Notified 17/07/2025

Former PSCs

Mr Christopher Colin Park

Ceased 17/07/2025

Mr Michael Thomas Sansom

Ceased 08/04/2019

Charges1 outstanding

Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY TRUSTEE

Created 05/08/2025Registered 07/08/2025
Charge
satisfied

FUNDING CIRCLE LIMITED

Created 27/09/2024Registered 27/09/2024Satisfied 07/08/2025
Charge
satisfied

LLOYDS BANK PLC

Created 13/03/2017Registered 13/03/2017Satisfied 09/07/2025
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 15/11/2005Registered 18/11/2005Satisfied 25/07/2025
charge
satisfied

HSBC BANK PLC

Created 26/01/2005Registered 27/01/2005Satisfied 13/02/2006
charge
satisfied

MIDLAND BANK PLC

Created 03/01/1995Registered 11/01/1995Satisfied 13/02/2006
charge
satisfied

BARCLAYS BANK PLC

Created 27/10/1989Registered 02/11/1989Satisfied 11/10/1995

Insolvency History1 case

corporate voluntary arrangement

David Rubin (practitioner)

CompanyRankvs 14030+ SIC 71200 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees5/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 16/07/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£495k

Cash in the bank

Net Current Assets

£956k

Working capital

Current Assets

£4.2M

Current Liabilities

£3.3M

Fixed Assets

£1.7M

Debtors

£3.6M

1avg. employees-48

Tax at Year End

Corp tax£280k

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£373k
20241.43-£737k
20231.77+£44k
20222.15+£831k
20212.33+£77k
20209.58+£552k
20191.41+£55k
20171.25

Derived from filed accounts. Not audited figures.