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Living Power Limited

05946946

active - proposal to strike off
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

TOWNEND HOUSE, WALSALL, WS1 1NS
Incorporated 26/09/2006

Compliance

Last accounts

31/12/2023

full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 31/03/2025

Due 14/04/2026

Overdue

Industry

35110
Production of electricity

Officers

Mr Michael Jason Redford

director · Since 24/07/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Mr Adam Euan Thompson

director · Since 08/07/2025

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 51

Also on 8 other boards

Former

Mr Simon Mark Peter Adcock

director · Resigned 30/06/2026

Persons with Significant Control

Living Bio-Power Limited

75–100% shares
75–100% votes
Appoint directors

Edgeborough Road, Upper Edgeborough Road, Guildford, GU1 2BJ

Reg: 6360004 · England & Wales · Limited Company

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation30/03/2026

Simon Jagger (practitioner) · Mark Supperstone (practitioner)

CompanyRankvs 782+ SIC 35110 peers
46

Financial strength88th percentile among SIC peers · 22/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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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.

Liquidity2/20 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

Insolvency history: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 director with respect to going concern are de

Key FinancialsYear ending 31/12/2021

Turnover

£193k

Annual revenue

Net Worth

£729k

Balance sheet strength

Cash

£60k

Cash in the bank

Profit Before Tax

-£2.0M

Bottom line earnings

Net Current Assets

-£5.6M

Working capital

Current Assets

£738k

Current Liabilities

£6.3M

Fixed Assets

£6.7M

Debtors

£532k

Cost of Sales

£963k

Gross Profit

-£771k

Admin Expenses

£1.1M

Operating Profit

-£1.9M

Profit After Tax

-£2.0M

2avg. employees

People Costs

Wages & salaries£119k
NI contributions£15k

Balance Sheet

Bank loans & overdrafts£866k
Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20210.12

Derived from filed accounts. Not audited figures.