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Servicepower Limited

02032892

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ROSSE WORKS, SHIPLEY, BD18 4JH
Incorporated 01/07/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27320
Manufacture of other electronic and electric wires and cables

Officers

Mr. Martin William Johnson

director · Since 19/10/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 13 other boards

Mr. Martin William Johnson

secretary · Since 22/10/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 13 other boards

Michael George Gale-Johnson

director · Since 29/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Persons with Significant Control

Servicepower (Holdings) Limited

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

Rosse Works, Moorhead Lane, Shipley, BD18 4JH

Reg: 12299498 · Companies House · Limited Company

Notified 05/12/2019

Former PSCs

Mr. Martin William Johnson

Ceased 05/12/2019

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 29/10/2014Registered 19/11/2014Satisfied 13/11/2024
Charge
satisfied

LLOYDS TSB BANK PLC

Created 10/04/2013Registered 16/04/2013Satisfied 13/11/2024
charge
outstanding

LLOYDS BANK PLC

Created 14/04/1994Registered 22/04/1994
charge
satisfied

MIDLAND BANK PLC

Created 05/09/1986Registered 10/09/1986Satisfied 25/03/1994

CompanyRankvs 82+ SIC 27320 peers
55

Financial strength89th percentile among SIC peers · 22/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 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.

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

Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors do not consider the Covid-19 pandemic to have created a material uncertainty in relation to the going concern of the company.

Key FinancialsYear ending 31/07/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£273k

Cash in the bank

Net Current Assets

£764k

Working capital

Current Assets

£1.3M

Current Liabilities

£518k

Fixed Assets

£912k

Debtors

£593k

0avg. employees-35

Tax at Year End

Corp tax£133k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.48+£225k
20242.28-£39k
20232.07-£2k
20222.41+£6k
20212.43+£59k
20202.12+£17k
20191.96

Derived from filed accounts. Not audited figures.