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Powertrain Technology Limited

03696111

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

1 RIVERSIDE BUSINESS CENTRE, SHOREHAM BY SEA, BN43 6RE
Incorporated 15/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Melvyn John Mcclelland

director · Since 15/01/1999

ENGINEER

BRITISH · ENGLAND · Age 84

Also on 1 other board

Ian Paul Gilbert

director · Since 06/04/2006

ENGINEER

BRITISH · ENGLAND · Age 64

Mr Riccardo Meldolesi

director · Since 12/06/2012

ENGINEER

ITALIAN · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr Ian Paul Gilbert

secretary · Since 25/06/2025

Mr Michael James Cranfield

director · Since 01/07/2025

ENGINEER

BRITISH · ENGLAND · Age 38

Mr Daniel Eastwood

director · Since 03/07/2025

ENGINEERING DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Ian Paul Gilbert

25–50% shares

1 Riverside Business Centre, Brighton Road, Shoreham-By-Sea, BN43 6RE

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

AVL UNITED KINGDOM LIMITED

Created 04/07/2000Registered 20/07/2000
charge
outstanding

MERRITTS PROPERTIES LIMITED

Created 01/07/1999Registered 08/07/1999
charge
outstanding

MERRITTS PROPERTIES LIMITED

Created 30/04/1999Registered 18/05/1999

CompanyRankvs 2263+ SIC 74100 peers
67

Financial strength47th percentile among SIC peers · 12/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.54× · 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 strength12/25 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 31/03/2025

Net Worth

£834

Balance sheet strength

Cash

£644k

Cash in the bank

Net Current Assets

£770k

Working capital

Current Assets

£939k

Current Liabilities

£169k

Fixed Assets

£4k

Debtors

£295k

12avg. employees

Balance Sheet

Assets less current liabilities£773k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20255.54
20245.05
20232.56
20224.19
20213.54
20208.92
20194.09

Derived from filed accounts. Not audited figures.