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Powerco Systems International Limited

03839495

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

13 Yorkersgate, Malton, YO17 7AA
Incorporated 10/09/1999

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/09/2026

Due 24/09/2027

On track

Industry

46690
Wholesale of other machinery and equipment

Officers

Michael Paul Drinkwater

director · Since 01/09/2001

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Christopher Robert Errington

director · Since 30/03/2009

TECHNICIAN

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Michael Paul Drinkwater

secretary · Since 19/01/2017

Michael Paul Drinkwater

director · Since 01/09/2001

British · England · Age 56

Christopher Robert Errington

director · Since 30/03/2009

British · England · Age 58

Michael Paul Drinkwater

secretary · Since 19/01/2017

Former

Waterlow Nominees Limited

corporate nominee director · Resigned 10/09/1999

Waterlow Secretaries Limited

corporate nominee secretary · Resigned 10/09/1999

Anthony William Austin

director · Resigned 30/12/2001

Valerie Anne Austin

secretary · Resigned 01/03/2004

Anthony William Austin

director · Resigned 01/03/2004

Leanne Drinkwater

secretary · Resigned 23/06/2026

Leanne Drinkwater

secretary · Resigned 23/06/2026

Leanne Drinkwater

director · Resigned 23/06/2026

Leanne Drinkwater

director · Resigned 23/06/2026

Persons with Significant Control

Mr Michael Paul Drinkwater

25–50% shares
25–50% votes

British · England · Age 56

13 Yorkersgate, Malton, YO17 7AA

Notified 06/04/2016

Mrs Leanne Drinkwater

25–50% shares
25–50% votes

British · England · Age 55

13 Yorkersgate, Malton, YO17 7AA

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/02/2002Registered 06/03/2002

Change History

officer appointedDRINKWATER, Michael Paul
2026-08-14
officer appointedDRINKWATER, Michael Paul
2026-08-14
officer appointedERRINGTON, Christopher Robert
2026-08-14
statusactive
2026-08-14

Active

typeltd
2026-08-14

Private Limited Company

address line113 Yorkersgate
2026-08-14

13 YORKERSGATE

post townMalton
2026-08-14

MALTON

CompanyRankvs 369+ SIC 46690 peers
71

Financial strength81th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.9× · 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 strength20/25 pts

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

Employees11/15 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

£330k

Balance sheet strength

Cash

£172k

Cash in the bank

Net Current Assets

£294k

Working capital

Current Assets

£448k

Current Liabilities

£154k

Fixed Assets

£40k

Debtors

£219k

Profit After Tax

£18k

4avg. employees-1

Tax at Year End

Corp tax£2k
Dividends paid£59k

Balance Sheet

Assets less current liabilities£334k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.90-£34k
20231.57

Derived from filed accounts. Not audited figures.