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Sandwell Power Ltd

09854164

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

1030 CENTRE PARK, WARRINGTON, WA1 1QL
Incorporated 03/11/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/05/2026

Due 27/05/2027

On track

Industry

35110
Production of electricity

Officers

Mr Keith Stephen Gains

director · Since 05/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 37 other boards

Mr Rory John Quinlan

director · Since 05/10/2017

MANAGING DIRECTOR

AUSTRALIAN · ENGLAND · Age 54

Also on 39 other boards

Mrs Sophia Nagi

secretary · Since 08/04/2026

Persons with Significant Control

Velox Power Limited

75–100% shares
75–100% votes
Appoint directors

1030, Centre Park, Warrington, WA1 1QL

Reg: 10967590 · Companies House · Uk Ltd Co

Notified 05/10/2017

Former PSCs

Eider Reserve Power Two Limited

Ceased 05/10/2017

Charges2 outstanding

Charge
outstanding

CLOSE LEASING LIMITED AS SECURITY TRUSTEE

Created 06/12/2022Registered 16/12/2022
Charge
outstanding

CLOSE LEASING LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 29/04/2022Registered 04/05/2022

CompanyRankvs 37070+ SIC 35110 peers
27

Financial strength22th percentile among SIC peers · 6/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity11/15 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 31/12/2020

Net Worth

£1

Balance sheet strength

Cash

£73

Cash in the bank

Net Current Assets

-£11.2M

Working capital

Current Assets

£2.5M

Current Liabilities

£13.6M

Fixed Assets

£11.0M

Debtors

£2.5M

0avg. employees

Balance Sheet

Assets less current liabilities-£187k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.18
20200.21+£84
2019+£70k

Derived from filed accounts. Not audited figures.