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Powell & Co Ltd

02834949

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

50,COWICK STREET, DEVON, EX4 1AP
Incorporated 09/07/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27320
Manufacture of other electronic and electric wires and cables

Officers

Mr Henry James Powell

director · Since 05/11/2024

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 31

Mr Darren Wood

director · Since 05/11/2024

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Darren Wood

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust

British · England · Age 36

50,Cowick Street, Devon, EX4 1AP

Notified 05/04/2025

Mr Henry Powell

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 31

50,Cowick Street, Devon, EX4 1AP

Notified 05/04/2025

Former PSCs

Mr James Stephen Powell

Ceased 05/04/2025

Mr James Stephen Powell

Ceased 05/04/2025

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 09/09/1999Registered 15/09/1999

CompanyRankvs 136+ SIC 27320 peers
50

Financial strength55th percentile among SIC peers · 14/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.54× · 16/20
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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136Powell & Co Ltd
66
How is this score calculated?
Financial strength14/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£36k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£111k

Current Liabilities

£72k

Fixed Assets

£27k

Debtors

£76k

4avg. employees

Tax at Year End

Corp tax£4k
VAT£37k

Director Loans

Company owes directors£43k

Balance Sheet

Assets less current liabilities£66k
Signed by 16th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.54-£91k£741k
20242.12-£27k£632k
20232.88+£53k£786k
20222.63+£38k£608k
20211.97—£688k

Derived from filed accounts. Not audited figures.