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Powar Haulage Ltd

10200432

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 GLEN PARK CLOSE, DERBY, DE73 5NT
Incorporated 26/05/2016

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 25/05/2025

Due 08/06/2026

On track

Industry

49410
Freight transport by road

Officers

Amardeep Kaur Powar

secretary · Since 26/05/2016

Sarbjeet Singh Powar

director · Since 26/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Sukhjeet Singh Powar

25–50% shares
25–50% votes

British · England · Age 19

2, Glen Park Close, Derby, DE73 5NT

Notified 27/05/2016

Mr Gurshan Singh Powar

25–50% shares
25–50% votes

British · England · Age 18

2, Glen Park Close, Derby, DE73 5NT

Notified 27/05/2016

Former PSCs

Mr Sarbjeet Singh Powar

Ceased 25/05/2017

CompanyRankvs 11763+ SIC 49410 peers
61

Financial strength82th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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.

Longevity10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£61k

Working capital

Current Assets

£22k

Current Liabilities

£83k

Fixed Assets

£152k

4avg. employees+1

Balance Sheet

Assets less current liabilities£91k
Signed by Mr Sarbjeet Singh Powar 15/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£34k
20240.59+£3k
20230.08—

Derived from filed accounts. Not audited figures.