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Power Knitwear Ltd

10463911

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

37 DEVONSHIRE STREET NORTH, MANCHESTER, M12 6JR
Incorporated 04/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Omar Ali Zahid

director · Since 04/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Omar Ali

75–100% shares

British · United Kingdom · Age 37

37, Devonshire Street North, Manchester, M12 6JR

Notified 04/11/2016

CompanyRankvs 13053+ SIC 82990 peers
79

Financial strength84th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.05× · 20/20
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.

Liquidity20/20 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 30/11/2024

Net Worth

£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£101k

Working capital

Current Assets

£150k

Current Liabilities

£49k

Fixed Assets

£7k

3avg. employees-1

Tax at Year End(2023)

VAT£2k

Balance Sheet

Assets less current liabilities£108k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.05-£13k
20233.67-£27k£44k
20222.55+£69k£220k
20211.64+£37k£101k
20201.16+£28k
20191.12+£11k£27k
20180.93

Derived from filed accounts. Not audited figures.