Powertech Controls Limited
02597030
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Laurence Morris
British · England · Age 72
28, Victoria Road, Bromsgrove, B61 0DW
Notified 06/04/2016
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 7365+ SIC 43210 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2026
Net Worth
£60k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£48k
Working capital
Current Assets
£113k
Current Liabilities
£65k
Fixed Assets
£12k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.73 | +£0 |
| 2026 | 1.73 | +£15k |
| 2025 | 1.43 | +£11k |
| 2024 | 1.33 | -£2k |
| 2023 | 1.50 | -£6k |
| 2022 | 1.20 | +£19k |
| 2021 | 1.36 | +£8k |
| 2020 | 1.20 | -£5k |
| 2019 | 1.43 | — |
Derived from filed accounts. Not audited figures.