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Power Afloat Limited

03885256

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

ROSSEN FARM HOLLY LANE, LYMINGTON, SO41 5QZ
Incorporated 29/11/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33150
Repair and maintenance of ships and boats

Officers

Mr Simon Austen Lyth

secretary · Since 29/11/1999

MARINE ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mr Barry Victor Ian Glass

director · Since 29/11/1999

BOAT REPAIRER

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mr Simon Austen Lyth

director · Since 29/11/1999

MARINE ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mr Ben Warwick Taylor

director · Since 01/07/2025

MARINE ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Barry Victor Ian Glass

25–50% shares

British · England · Age 76

32, River Way, Christchurch, BH23 2QP

Notified 06/04/2016

Mr Simon Austen Lyth

25–50% shares

British · United Kingdom · Age 67

Rossen Farm, Holly Lane, Lymington, SO41 5QZ

Notified 06/04/2016

CompanyRankvs 64+ SIC 33150 peers
84

Financial strength86th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 10.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£109k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£118k

Current Liabilities

£11k

Fixed Assets

£3k

Debtors

£13k

3avg. employees

Balance Sheet

Assets less current liabilities£110k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202510.34+£0
202510.34-£63k
202415.06+£13k
20237.59+£41k
20226.55+£24k
20214.99

Derived from filed accounts. Not audited figures.