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Morepower Limited

02943672

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SUITE 1 19 AVIATION WAY, SOUTHEND ON SEA, SS2 6UN
Incorporated 28/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Peter John Price

director · Since 28/06/1994

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 6 other boards

Persons with Significant Control

Mr Peter John Price

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

British · United Kingdom · Age 82

Leander, Rectory Road, Billericay, CM12 9TR

Notified 06/04/2016

Former PSCs

Mrs Gaynor Denise Jean Price

Ceased 28/04/2023

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/09/2012Registered 05/09/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/07/2012Registered 12/07/2012

CompanyRankvs 10526+ SIC 96090 peers
64

Financial strength34th percentile among SIC peers · 9/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.07× · 20/20
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 strength9/25 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 31/12/2024

Net Worth

£50

Balance sheet strength

Cash

£441k

Cash in the bank

Net Current Assets

£645k

Working capital

Current Assets

£855k

Current Liabilities

£210k

Fixed Assets

£42k

Debtors

£415k

160avg. employees-3

Balance Sheet

Assets less current liabilities£687k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20244.07
20233.24

Derived from filed accounts. Not audited figures.