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Power Plastics Limited

04328236

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

STATION ROAD, NORTH YORKSHIRE, YO7 1PZ
Incorporated 23/11/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Miss Karen Millard

secretary · Since 23/11/2001

ACCOUNTANT

BRITISH · Age 55

Also on 1 other board

Mr Andrew Joseph Beetles

director · Since 01/12/2002

WORKS MANAGER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Miss Karen Millard

director · Since 01/12/2002

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Simon James Edward Price

director · Since 02/08/2003

CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Philip George Sellers

director · Since 24/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mrs Diana Catherine Symington Price

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 82

Station Road, North Yorkshire, YO7 1PZ

Notified 06/04/2016

Former PSCs

Mr Simon James Edward Price

Ceased 30/09/2019

Mr Andrew Joseph Beetles

Ceased 30/09/2019

Mrs Karen Metcalfe

Ceased 30/09/2019

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 19/09/2019Registered 23/09/2019
charge
outstanding

BARCLAYS BANK PLC

Created 03/05/2007Registered 09/05/2007

CompanyRankvs 452+ SIC 22290 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2024

Net Worth

£3.1M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£5.1M

Current Liabilities

£4.0M

Fixed Assets

£2.8M

Debtors

£2.2M

Profit After Tax

£661k

92avg. employees+31

Tax at Year End

Corp tax£68k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£695k
20231.45+£562k
20221.44+£255k
20211.33+£370k
20201.12-£1.4M
20191.75

Derived from filed accounts. Not audited figures.