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Powtechnology Limited

02549947

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 12 NINIAN PARK, TAMWORTH, B77 5ES
Incorporated 18/10/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

David Charles Oakes

director · Since 15/07/2003

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr John Patrick Higham

director · Since 19/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mr Peter Antony Quinn

director · Since 19/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

Mr David Charles Oakes

25–50% shares
25–50% votes

British · England · Age 56

Unit 12 Ninian Park, Ninian Way, Tamworth, B77 5ES

Notified 28/06/2018

Mr Peter Antony Quinn

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

Unit 12 Ninian Park, Ninian Way, Tamworth, B77 5ES

Notified 19/03/2021

Former PSCs

Coalfields Growth Fund

Ceased 19/03/2021

Coalfields Enterprise Fund

Ceased 19/03/2021

Charges2 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 03/11/2023Registered 06/11/2023
Charge
outstanding

FSE MEIF LP ACTING BY ITS GENERAL PARTNER FSE MEIF GP LTD

Created 10/10/2022Registered 13/10/2022
Charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 10/05/2017Registered 12/05/2017Satisfied 17/11/2023
charge
satisfied

COALFIELDS GROWTH FUND

Created 19/07/2012Registered 28/07/2012Satisfied 25/03/2021
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 05/04/2012Registered 07/04/2012Satisfied 31/03/2018
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 11/08/2008Registered 14/08/2008Satisfied 12/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/12/1998Registered 23/12/1998Satisfied 26/06/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/1990Registered 18/12/1990Satisfied 26/06/2012

CompanyRankvs 2680+ SIC 26512 peers
62

Financial strength68th percentile among SIC peers · 17/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/12/2024

Net Worth

£199k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£837k

Current Liabilities

£758k

Fixed Assets

£467k

Debtors

£546k

18avg. employees

Balance Sheet

Intangible assets£412k
Bank loans & overdrafts£107k
Assets less current liabilities£546k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£159k
20231.11+£156k
20221.24+£64k
20211.07+£87k
20210.93+£1.2M
20190.63+£351
20180.52+£75k
20170.10

Derived from filed accounts. Not audited figures.