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Power Engineering (Sales) Limited

06705237

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

68 NOTTINGHAM ROAD, NOTTINGHAM, NG16 3NQ
Incorporated 23/09/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Atul Devidas Pai Kane

secretary · Since 23/09/2008

Also on 1 other board

Atul Devidas Pai Kane

director · Since 23/09/2008

COMPANY DIRECTOR

INDIAN · INDIA · Age 57

Also on 1 other board

Sunil Manohar Pai Kane

director · Since 28/01/2009

COMMERCIAL DIRECTOR

INDIAN · INDIA · Age 54

Jose Jeronimo Fernandes

director · Since 21/02/2012

DIRECTOR

INDIAN · INDIA · Age 56

Mr Sachin Mohan

director · Since 15/07/2016

DIRECTOR

IRISH · BELGIUM · Age 63

Also on 1 other board

Persons with Significant Control

Power Engineering (India) Pvt Ltd

75–100% shares

58-A, Industrial Estate Tuem, 58-A, Industrial Estate Tuem, Goa

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BANK OF INDIA (LONDON BRANCH)

Created 24/07/2013Registered 24/07/2013
Charge
outstanding

BANK OF INDIA (LONDON BRANCH)

Created 24/07/2013Registered 24/07/2013

CompanyRankvs 26509+ SIC 82990 peers
61

Financial strength76th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.61× · 20/20
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 strength19/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 29/06/2024

Net Worth

£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£68k

Current Liabilities

£26k

0avg. employees-4

Balance Sheet

Assets less current liabilities£42k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.61-£993
20232.47+£194k
20220.43-£44k
20210.59-£27k
20200.86
20191.00
20181.00

Derived from filed accounts. Not audited figures.