Prior Power Solutions Limited
01499503
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/04/2020
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
secretary · Since 10/10/2022
director · Since 08/01/2024
CHIEF FINANCIAL OFFICER
BRITISH · UNITED KINGDOM · Age 40
Persons with Significant Control
Gapton Partners Limited
Prior Diesel Ltd, Gapton Hall Road, Great Yarmouth, NR31 0NL
Reg: 05106727 · England · Limited Company
Notified 06/04/2016
Mr Patrick Joy
Irish · Ireland · Age 74
Gapton Hall Road, Great Yarmouth, NR31 0NL
Notified 13/01/2023
Charges4 outstanding
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CompanyRankvs 850+ SIC 28990 peers48
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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 the date when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with re
Key FinancialsYear ending 31/12/2024
Turnover
£15.5M
Annual revenue
Net Worth
£2.8M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£219k
Bottom line earnings
Net Current Assets
£827k
Working capital
Current Assets
£4.4M
Current Liabilities
—
Fixed Assets
£3.8M
Debtors
£2.3M
Cost of Sales
£12.1M
Gross Profit
£3.4M
Admin Expenses
£3.0M
Operating Profit
£389k
Profit After Tax
£321k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£446k |
| 2023 | — | +£66k |
| 2022 | — | +£2.0M |
| 2021 | — | -£547k |
| 2020 | 1.48 | -£233k |
| 2019 | 1.94 | +£19k |
| 2018 | 2.52 | — |
Derived from filed accounts. Not audited figures.