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Tractive Power Limited

06467773

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

CHERRY TREE COURT, LEEK, ST13 6BL
Incorporated 09/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Brendan Alexander Ratcliffe

director · Since 09/01/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Brendan Alexander Ratcliffe

secretary · Since 11/10/2011

Also on 1 other board

Persons with Significant Control

Mr Brendan Alexander Ratcliffe

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

British · England · Age 51

Cherry Tree Court, Cross Street, Leek, ST13 6BL

Notified 09/01/2017

Mrs Lucy Jane Ratcliffe

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Cherry Tree Court, Cross Street, Leek, ST13 6BL

Notified 08/01/2026

Former PSCs

Mr Simon Andrew Greveson

Ceased 03/11/2023

Charges2 outstanding

Charge
outstanding

ATOM BANK PLC

Created 03/11/2023Registered 03/11/2023
Charge
outstanding

ATOM BANK PLC

Created 03/11/2023Registered 03/11/2023
charge
satisfied

HSBC BANK PLC

Created 16/11/2012Registered 20/11/2012Satisfied 06/11/2023
charge
satisfied

HSBC BANK PLC

Created 21/09/2012Registered 25/09/2012Satisfied 06/11/2023
charge
satisfied

BLACK COUNTRY REINVESTMENT SOCIETY LIMITED

Created 21/03/2011Registered 30/03/2011Satisfied 17/11/2012

CompanyRankvs 284+ SIC 28220 peers
59

Financial strength55th percentile among SIC peers · 14/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£124k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£87k

Working capital

Current Assets

£231k

Current Liabilities

£144k

Fixed Assets

£468k

Debtors

£186k

5avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities£556k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.61+£56k
20241.46-£37k
20231.29+£21k
20221.22-£32k
20211.31

Derived from filed accounts. Not audited figures.