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Power Mortgages Ltd

07619473

active
ltd
england wales
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, 343 Millbrook Road West, Southampton, SO15 0HW
Incorporated 03/05/2011

Compliance

Last accounts

31/03/2026

micro entity

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 14/02/2026

Due 28/02/2027

On track

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 38

Also on 4 other boards

Power Secretaries Limited

corporate secretary · Since 03/05/2011

Reg: 04946657

Also on 282 other boards

Mandeep Singh Rai

director · Since 01/09/2021

British · United Kingdom · Age 38

Former

Garry Gurbarg Singh

director · Resigned 28/09/2020

David Andrew Blastland

director · Resigned 28/09/2020

James Elsaba

director · Resigned 31/08/2021

Persons with Significant Control

Mr Mandeep Singh Rai

75–100% shares

British · United Kingdom · Age 38

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

Notified 25/01/2023

Former PSCs

Mr Garry Gurbarg Singh

Ceased 28/09/2020

Mr David Andrew Blastland

Ceased 28/09/2020

Power Accountax Limited

Ceased 25/01/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

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

Change History

statusactive
2026-08-19

Active

typeltd
2026-08-19

Private Limited Company

address line1C/O Power Accountax Ltd Mailbox 3, Solent Business Centre
2026-08-19

C/O POWER ACCOUNTAX LTD MAILBOX 3, SOLENT BUSINESS CENTRE

post townSouthampton
2026-08-19

SOUTHAMPTON

officer appointedPOWER SECRETARIES LIMITED
2026-08-19
officer appointedRAI, Mandeep Singh
2026-08-19

CompanyRankvs 30+ 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
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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+£0
20266.23+£72k
20252.42+£19k
20241.97+£76k
20230.70

Derived from filed accounts. Not audited figures.