Back to search

Power Mortgages Ltd

07619473

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O POWER ACCOUNTAX LTD MAILBOX 3, SOLENT BUSINESS CENTRE, SOUTHAMPTON, SO15 0HW
Incorporated 03/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64922
64922

Officers

Power Secretaries Limited

secretary · Since 03/05/2011

OTHER

Also on 282 other boards

Mr Mandeep Singh Rai

director · Since 01/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Mandeep Singh Rai

75–100% shares

British · United Kingdom · Age 37

C/O Power Accountax Ltd, Mailbox 3, Solent Business Centre, Southampton, SO15 0HW

Notified 25/01/2023

Former PSCs

Power Accountax Limited

Ceased 25/01/2023

Mr Garry Gurbarg Singh

Ceased 28/09/2020

Mr David Andrew Blastland

Ceased 28/09/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/07/2020Registered 04/07/2020

CompanyRankvs 29+ SIC 64922 peers
78

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Cmme Mortgages And Protection Limited
90
2Mwa Financial Advice Ltd
90
3Threshold Financial Services Limited
90
4West One Loan Limited
90
5Clark Marshall Associates Ltd
89
6Maher Brownsword Limited
89
7South West Mortgage Solutions Limited
89
8Uk Property Finance Limited
89
9Financial Profiles Limited
89
10Jordan Lynch Limited
89
29Power Mortgages Ltd
88
How is this score calculated?
Financial strength23/25 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.

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 31/03/2026

Net Worth

£107k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£200k

Current Liabilities

£32k

Fixed Assets

£3k

7avg. employees

Balance Sheet

Assets less current liabilities£171k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20266.23+£72k
20252.42+£19k
20241.97+£76k
20230.70+£36k
20220.70-£107k
20211.03+£7k
20201.02—
20190.98—

Derived from filed accounts. Not audited figures.