Powersource Associates Limited
04501969
Notable Risks
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
29/05/2027
Confirmation statement
Last: 02/08/2026
Due 16/08/2027
Industry
Officers
director · Since 18/05/2007
BUSINESS MAN
BRITISH · ENGLAND · Age 53
Also on 9 other boards
Former
corporate nominee director · Resigned 09/12/2002
corporate nominee secretary · Resigned 09/12/2002
corporate secretary · Resigned 03/08/2004
corporate director · Resigned 03/08/2004
corporate nominee secretary · Resigned 18/05/2007
corporate nominee director · Resigned 18/05/2007
director · Resigned 11/11/2015
director · Resigned 13/02/2017
secretary · Resigned 10/02/2019
Persons with Significant Control
Mrs Romy Gertner
British · England · Age 55
24 Ravensdale Road, Stoke Newington, London, N16 6SH
Notified 06/04/2016
Mr Meyer Gertner
British · England · Age 53
24, Ravensdale Road, London, N16 6SH
Notified 01/08/2016
Charges3 outstanding
SHAWBROOK BANK LIMITED
COMMERCIAL ACCEPTANCES LIMITED
COMMERCIAL ACCEPTANCES LIMITED
Insolvency History1 case
Peter Mayo (receiver manager) · Victoria Clare Margaret Liddell (receiver manager)
Change History
Active
Private Limited Company
LONDON ACCOUNTING GROUP LTD
LONDON
CompanyRankvs 490+ SIC 68320 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
£730k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£83k
Working capital
Current Assets
£105k
Current Liabilities
£22k
Fixed Assets
£2.0M
Debtors
£102k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.80 | -£49k |
| 2024 | 6.64 | +£4k |
Derived from filed accounts. Not audited figures.