Back to search

Optimum Power Services Limited

05970557

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

100 CHEAPSIDE, LONDON, EC2V 6DT
Incorporated 18/10/2006

Compliance

Last accounts

30/04/2025

dormant

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 11/04/2026

Due 25/04/2027

On track

Industry

33120
Repair of machinery

Officers

Mr Brendan Christopher Horgan

director · Since 31/08/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 52

Mr Philip John Parker

director · Since 31/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 31 other boards

Mr Alan Fraser Porter

secretary · Since 13/05/2024

Persons with Significant Control

Sunbelt Rentals Limited

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

100, Cheapside, London, EC2V 6DT

Reg: 00444569 · The Register Of Companies Maintained By The Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 31/08/2022

Former PSCs

Mr Karl Sullivan

Ceased 31/08/2022

Mr Frederick Barrett

Ceased 31/08/2022

Mr Gene Murrell

Ceased 31/08/2022

CompanyRankvs 956+ SIC 33120 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

Liquidity0/20 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

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations

Key FinancialsYear ending 30/04/2023

Turnover

£4.4M

Annual revenue

Net Worth

£13.9M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

£13.9M

Working capital

Current Assets

£13.9M

Current Liabilities

Debtors

£13.9M

Cost of Sales

£1.9M

Gross Profit

£2.4M

Admin Expenses

£717k

Operating Profit

£1.5M

Profit After Tax

£1.2M

24avg. employees-13

Tax at Year End

Dividends paid£300k

People Costs

Wages & salaries£913k
NI contributions£108k

Balance Sheet

Assets less current liabilities£13.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2023+£7.3M
20203.06+£1.8M
20191.84

Derived from filed accounts. Not audited figures.