Power Adhesives Limited
01193164
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 11/06/2026
Due 25/06/2027
Industry
Officers
director · Since 11/08/2022
INVESTMENT PROFESSIONAL
SOUTH AFRICAN · ENGLAND · Age 37
Also on 3 other boards
director · Since 01/08/2025
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
Persons with Significant Control
Mercer Bidco Limited
1, Mercer Street, London, WC2H 9QJ
Reg: 14172817 · Companies House · Private Limited Company
Notified 11/08/2022
Former PSCs
Mr Stephen James Sweeney
Ceased 11/08/2022
Charges1 outstanding
LONGACRE GROUP HOLDINGS LIMITED
SANTANDER UK PLC
SANTANDER UK PLC
FOX INVESTMENTS [HOLDINGS] LIMITED
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 15+ SIC 20520 peers70
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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
performed, I 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. My responsibilities and the responsibilities of the directors with respect to going conc
Key FinancialsYear ending 31/12/2025
Net Worth
£13.0M
Balance sheet strength
Cash
£965k
Cash in the bank
Profit Before Tax
-£728k
Bottom line earnings
Net Current Assets
£12.5M
Working capital
Current Assets
£14.0M
Current Liabilities
£1.5M
Fixed Assets
£817k
Debtors
£11.0M
Cost of Sales
£5.4M
Admin Expenses
£6.3M
Profit After Tax
-£715k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.31 | -£715k |
| 2024 | 6.42 | +£226k |
| 2023 | 5.67 | — |
Derived from filed accounts. Not audited figures.