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Powerserve Systems Limited

03373505

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O MJB AVANTI, OFFICE 12 EPSILON HOUSE, IPSWICH, IP3 9FJ
Incorporated 20/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Paul Selvarathan Gunaselvam

director · Since 20/05/1997

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Paul Selvarathan Gunaselvam

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

British · England · Age 52

C/O Mjb Avanti, Office 12, Epsilon House, Ipswich, IP3 9FJ

Notified 06/04/2016

Jessica Joely Elizabeth Gunaselvam

25–50% shares
25–50% votes

British · United Kingdom · Age 34

C/O Mjb Avanti, Office 12, Epsilon House, Ipswich, IP3 9FJ

Notified 06/04/2020

CompanyRankvs 1288+ SIC 62020 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1288Powerserve Systems Limited
86
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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

Going concern doubt: -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 28/02/2025

Net Worth

£106k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

£105k

Working capital

Current Assets

£134k

Current Liabilities

£29k

Fixed Assets

£988

Debtors

£19k

4avg. employees+1

Tax at Year End

VAT£3k

Director Loans

Directors owe company£19k

Balance Sheet

Assets less current liabilities£106k
Signed by Mr Paul Gunaselvam 14 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.64+£34k£63k
20243.18-£33k—
20236.83——

Derived from filed accounts. Not audited figures.