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Transpower Drives Limited

01629716

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

4 BRIDLE CLOSE, STEWARTS ROAD, WELLINGBOROUGH, NN8 4RN
Incorporated 19/04/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Ian Roger Tilley

director · Since 09/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Martin Watson

director · Since 09/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mrs Elaine Bugby

secretary · Since 01/05/2021

Persons with Significant Control

Transpower Group Limited

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

4-7, Bridle Close, Wellingborough, NN8 4RN

Reg: 11883214 · Companies House · Limited Company

Notified 09/08/2019

Former PSCs

Mr Colin Graham Bates

Ceased 09/08/2019

Mr Peter Stanley Bates

Ceased 09/08/2019

Mr Steven John Ranson

Ceased 09/08/2019

Charges0 outstanding

charge
satisfied

YORKSHIRE BANK PLC

Created 24/05/1993Registered 03/06/1993Satisfied 08/08/2016
charge
satisfied

MIDLAND BANK PLC

Created 14/03/1991Registered 19/03/1991Satisfied 09/09/1993

CompanyRankvs 371+ SIC 46900 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£904k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.2M

Current Liabilities

£378k

Fixed Assets

£197k

Debtors

£804k

16avg. employees-1

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.88+£316k
20244.26+£293k
20233.72+£215k
20223.63+£35k
20213.62+£130k
20202.99+£136k
20192.26

Derived from filed accounts. Not audited figures.