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Prior Power Solutions Limited

01499503

active
ltd
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

Gapton Hall Road, Gapton Hall Industrial Estate, Great Yarmouth, NR31 0NL
Incorporated 02/06/1980

Previously known as

Prior Diesel Limited · until 24/08/2020
Balecharter Limited · until 31/12/1980

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 26/05/2026

Due 09/06/2027

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr. James Michael Rix

director · Since 09/04/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr. Patrick Joy

director · Since 09/04/2020

DIRECTOR

IRISH · IRELAND · Age 75

Mr. Steven Shipley

secretary · Since 10/10/2022

Mr Steven Shipley

director · Since 08/01/2024

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 40

Mr Lars Per Eikeland

director · Since 27/05/2026

NORWEGIAN · ENGLAND · Age 62

Also on 4 other boards

James Michael Rix

director · Since 09/04/2020

British · England · Age 45

Patrick Joy

director · Since 09/04/2020

Irish · Ireland · Age 75

Steven Shipley

secretary · Since 10/10/2022

Steven Shipley

director · Since 08/01/2024

British · United Kingdom · Age 40

Lars Per Eikeland

director · Since 27/05/2026

Norwegian · England · Age 62

Former

Colin Rodney Shaw

director · Resigned 27/06/1997

George Percival Prior

director · Resigned 25/09/1998

Archibald Barclay Maclean

secretary · Resigned 25/01/1999

Yvonne Maclean

director · Resigned 29/10/2003

Stephen Dennant

secretary · Resigned 27/01/2006

Tony Colin Yates

director · Resigned 14/12/2012

Christopher Edward Conroy

secretary · Resigned 02/01/2015

Archibald Barclay Maclean

director · Resigned 01/08/2016

Gordon Andrew Maclean

director · Resigned 30/09/2016

Christopher Edward Conroy

director · Resigned 30/09/2016

John Fitzgerald

director · Resigned 01/04/2019

Dermot Beirne

secretary · Resigned 01/08/2019

Dermot Beirne

director · Resigned 01/08/2019

David Moore

director · Resigned 09/04/2020

Arne Hammer

director · Resigned 29/10/2020

Andreas Marø

director · Resigned 31/05/2022

David Moore

secretary · Resigned 10/10/2022

Jorgen Lorentz Jorgensen

director · Resigned 17/01/2023

Niall Lund

director · Resigned 08/01/2024

Lars Eikeland

director · Resigned 27/05/2026

Persons with Significant Control

Gapton Partners Limited

75–100% shares

Prior Diesel Ltd, Gapton Hall Road, Great Yarmouth, NR31 0NL

Reg: 05106727 · England · Limited Company

Notified 06/04/2016

Mr Patrick Joy

50–75% votes

Irish · Ireland · Age 75

Gapton Hall Road, Great Yarmouth, NR31 0NL

Notified 13/01/2023

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/05/2025Registered 09/05/2025
Charge
outstanding

HSBC UK BANK PLC

Created 05/02/2024Registered 06/02/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 19/12/2023Registered 20/12/2023
Charge
outstanding

HSBC UK BANK PLC

Created 18/12/2023Registered 20/12/2023
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 12/08/2022Registered 23/08/2022Satisfied 18/12/2023
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 12/08/2022Registered 23/08/2022Satisfied 18/12/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/11/2018Registered 21/11/2018Satisfied 07/07/2022
Charge
satisfied

ULSTER BANK IRELAND LIMITED

Created 27/05/2015Registered 08/06/2015Satisfied 18/08/2022

Change History

officer appointedSHIPLEY, Steven, Mr.
2026-07-31
officer appointedEIKELAND, Lars Per
2026-07-31
officer appointedJOY, Patrick, Mr.
2026-07-31
officer appointedRIX, James Michael, Mr.
2026-07-31
officer appointedSHIPLEY, Steven
2026-07-31
statusactive
2026-07-31

Active

typeltd
2026-07-31

Private Limited Company

address line1Gapton Hall Road
2026-07-31

GAPTON HALL ROAD

post townGreat Yarmouth
2026-07-31

GREAT YARMOUTH

CompanyRankvs 789+ SIC 28990 peers
49

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

Liquidity0/20 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

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 respect to going conc

Key FinancialsYear ending 31/12/2025

Turnover

£18.4M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£895k

Bottom line earnings

Net Current Assets

£830k

Working capital

Current Assets

£5.4M

Current Liabilities

Fixed Assets

£4.8M

Debtors

£3.3M

Cost of Sales

£13.8M

Gross Profit

£4.6M

Admin Expenses

£3.5M

Operating Profit

£1.1M

Profit After Tax

£655k

85avg. employees+6

People Costs

NI contributions£501k

Balance Sheet

Bank loans & overdrafts£258k
Interest payable£168k
Assets less current liabilities£5.6M
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearImplied Profit
2025+£655k
2024+£446k

Derived from filed accounts. Not audited figures.