Powerwood Project Cic
08986490
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/12/2024
ACCOUNTANT
BRITISH · ENGLAND · Age 60
Also on 2 other boards
Persons with Significant Control
Former PSCs
Mx Max Rowan Price
Ceased 14/12/2024
Mrs Carolyn Sargentson
Ceased 14/12/2024
Mrs Simone De Hoogh
Ceased 14/12/2024
CompanyRankvs 13692+ SIC 85590 peers58
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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
£36k
Annual revenue
Net Worth
£773
Balance sheet strength
Cash
£14k
Cash in the bank
Profit Before Tax
-£762
Bottom line earnings
Net Current Assets
£5k
Working capital
Current Assets
£15k
Current Liabilities
£9k
Fixed Assets
£2k
Debtors
£970
Gross Profit
£36k
Admin Expenses
£36k
Operating Profit
-£762
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.58 | — |
| 2023 | 1.62 | -£6k |
| 2021 | 2.01 | — |
Derived from filed accounts. Not audited figures.