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Power Balancing Services Limited

07337360

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)
  • Current liabilities exceed current assets (-10)

Details

UPPER BROOK BARN VIRGINSALLEY LANE, ASHBOURNE, DE6 2GP
Incorporated 05/08/2010

Compliance

Last accounts

30/08/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

35110
Production of electricity

Officers

Mr Graham Edward White

director · Since 05/08/2010

CEO

BRITISH · ENGLAND · Age 57

Also on 67 other boards

Mr Andrew Leach

director · Since 04/12/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Mr Paul Tittley

director · Since 15/04/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 4 other boards

Mr William John Aiken

secretary · Since 28/04/2026

Persons with Significant Control

Mr Andrew Leach

25–50% shares
25–50% votes

British · England · Age 66

Strelley Hall, Main Street, Nottingham, NG8 6PE

Notified 05/08/2016

Mr Graham Edward White

25–50% shares
25–50% votes

British · England · Age 57

Strelley Hall, Main Street, Nottingham, NG8 6PE

Notified 05/08/2017

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/06/2016Registered 27/06/2016Satisfied 27/04/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/06/2016Registered 10/06/2016Satisfied 23/05/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/06/2016Registered 10/06/2016Satisfied 23/05/2026

CompanyRankvs 92+ SIC 35110 peers
84

Financial strength89th percentile among SIC peers · 22/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 30/08/2024

Net Worth

£899k

Balance sheet strength

Cash

£600k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.3M

Current Liabilities

£297k

Fixed Assets

£284

Debtors

£715k

2avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.43+£810k
20236.18+£123k
202240.63-£103k
20214.00+£99k
20202.37-£269k
20190.69-£98k
20180.72

Derived from filed accounts. Not audited figures.