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G24 Power Limited

08291461

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SOUTH LAKE DRIVE, NEWPORT, NP10 8AS
Incorporated 13/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Dr Yafim Mendiuk

director · Since 04/02/2013

COMPANY DIRECTOR

CYPRIOT · CYPRUS · Age 70

Also on 1 other board

Persons with Significant Control

Mr Christos Scordis

25–50% shares

Cypriot · Cyprus · Age 53

Gcell Building, Imperial Park, Newport, NP10 8AS

Notified 24/07/2023

Mr Yury Beylin

25–50% shares

British · England · Age 63

Gcell Building, Gcell Building, Newport, NP10 8AS

Notified 09/10/2024

Former PSCs

Mr Yafim Mendiuk

Ceased 09/10/2024

Charges1 outstanding

Charge
outstanding

INNOVATION MANAGEMENT LIMITED

Created 31/03/2014Registered 31/03/2014

CompanyRankvs 899+ SIC 26110 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees4/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/12/2024

Net Worth

-£19.5M

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£141k

Working capital

Current Assets

£166k

Current Liabilities

£307k

Fixed Assets

£17k

Debtors

£138k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£123k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54+£0
20240.54-£1.8M
20231.39

Derived from filed accounts. Not audited figures.