Powerverse Development Limited
08760287
Healthy
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/11/2025
Due 18/11/2026
Industry
Officers
director · Since 09/10/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 2 other boards
director · Since 09/10/2023
DIRECTOR
MALAYSIAN · UNITED KINGDOM · Age 44
Also on 2 other boards
Persons with Significant Control
Powerverse Investments Limited
33 Holborn, 7th Floor, London, EC1N 2HU
Reg: 14859819 · Companies House · Private Company Limited By Shares
Notified 12/07/2023
Former PSCs
Lightsource Renewable Energy Holdings Limited
Ceased 24/11/2017
Lightsource Holdings 3 Limited
Ceased 12/07/2023
CompanyRankvs 2172+ SIC 35110 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Turnover
£784k
Annual revenue
Net Worth
-£2.4M
Balance sheet strength
Cash
£424k
Cash in the bank
Profit Before Tax
£9.6M
Bottom line earnings
Net Current Assets
-£976k
Working capital
Current Assets
£1.3M
Current Liabilities
£2.2M
Fixed Assets
£31k
Debtors
£830k
Cost of Sales
£2.1M
Gross Profit
-£1.3M
Admin Expenses
£7.0M
Operating Profit
£9.6M
Profit After Tax
£9.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.56 |
Derived from filed accounts. Not audited figures.