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Ability Power Limited

03733130

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

ABILITY POWER LIMITED OLD HAKIN ROAD, HAVERFORDWEST, SA61 1XE
Incorporated 16/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Pamela Jean Lavis

secretary · Since 16/03/1999

SECRETARY

BRITISH · UNITED KINGDOM · Age 62

Ian Mostyn Lavis

director · Since 16/03/1999

CONSULTANT

BRITISH · UNITED KINGDOM · Age 63

Mrs Pamela Jean Lavis

director · Since 16/03/1999

SECRETARY

BRITISH · WALES · Age 62

Persons with Significant Control

Mrs Pamela Lavis

25–50% shares

British · Wales · Age 62

Ability Power Limited, Old Hakin Road, Haverfordwest, SA61 1XE

Notified 06/04/2016

Mr Ian Lavis

25–50% shares

British · Wales · Age 63

Ability Power Limited, Old Hakin Road, Haverfordwest, SA61 1XE

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Charge
satisfied

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Charge
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Created 21/01/2014Registered 22/01/2014Satisfied 03/05/2018

CompanyRankvs 390+ SIC 71129 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 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 strength24/25 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

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

£691k

Balance sheet strength

Cash

£181k

Cash in the bank

Net Current Assets

£548k

Working capital

Current Assets

£961k

Current Liabilities

£413k

Fixed Assets

£202k

Debtors

£719k

11avg. employees+1

Balance Sheet

Assets less current liabilities£749k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.32+£15k
20233.02+£176k
20224.93+£217k
20214.17

Derived from filed accounts. Not audited figures.