Back to search

Ipsum Power (Trydan) Limited

02339189

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ROCHESTER HOUSE, CHORLEY, PR7 1NY
Incorporated 25/01/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Malcolm Reece Salisbury

director · Since 06/03/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr Lee Maxwell

director · Since 08/09/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 20 other boards

Mr Mathew Gareth Vaughan

director · Since 08/09/2023

CFO

BRITISH · ENGLAND · Age 49

Also on 8 other boards

Mr Andrew David Cowan

director · Since 14/10/2024

CEO

BRITISH · ENGLAND · Age 59

Also on 48 other boards

Persons with Significant Control

Ipsum Power (Trydan) Holdco Limited

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

Rochester House, Foxhole Road, Chorley, PR7 1NY

Reg: 09991769 · England And Wales · Private Limited Company

Notified 23/06/2017

Former PSCs

Power Holdings (Shropshire) Limited

Ceased 23/06/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC (AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 07/12/2023Registered 11/12/2023
Charge
outstanding

HSBC BANK PLC

Created 13/09/2017Registered 15/09/2017
Charge
satisfied

TREVOR EDWARDS

Created 15/03/2016Registered 17/03/2016Satisfied 17/09/2019

CompanyRankvs 59+ SIC 43210 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Fyfe Wilson Ltd
90
2Albert Innes Limited
90
3Walker Miller & Company Limited
90
4R B Emerson Limited
90
5R.G.D. King Limited
90
6H.R.Mann Limited
90
7Gloweth Limited
90
8Meel Group (Projects) Limited
90
9Ken Burrows Limited
90
10D.P.S. (Beeston) Limited
90
59Ipsum Power (Trydan) Limited
90
How is this score calculated?
Financial strength25/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£966k

Balance sheet strength

Cash

£354k

Cash in the bank

Net Current Assets

£842k

Working capital

Current Assets

£1.5M

Current Liabilities

£690k

Fixed Assets

£142k

Debtors

£809k

25avg. employees-1

Tax at Year End

Corp tax£193k

Balance Sheet

Assets less current liabilities£983k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.22+£151k
20222.41-£410k
20212.62+£37k
20202.53-£85k
20192.12-£2.8M
20176.91—

Derived from filed accounts. Not audited figures.