Powerx Technology Limited
11021461
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 18/10/2025
Due 01/11/2026
Industry
Officers
secretary · Since 19/10/2017
secretary · Since 19/10/2017
director · Since 26/10/2017
DIRECTOR
BRITISH · UNITED KINGDOM
Also on 1 other board
director · Since 11/10/2018
DIRECTOR
BRITISH · UNITED KINGDOM
Also on 1 other board
director · Since 10/05/2020
INVESTMENT MANAGER
BRITISH · ENGLAND
Also on 1 other board
director · Since 16/06/2020
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND
Also on 4 other boards
director · Since 01/07/2021
COMPANY DIRECTOR
AMERICAN · ENGLAND
Also on 1 other board
Mr Nicholas Storey
director · Since 09/04/2026
BRITISH · UNITED KINGDOM
Nicholas Storey
director · Since 09/04/2026
BRITISH · UNITED KINGDOM
Former
director · Resigned 27/11/2017
director · Resigned 07/09/2020
director · Resigned 08/07/2025
Persons with Significant Control
Former PSCs
Mr Simon Anthony Newnes
Ceased 14/03/2019
Mr Gary Albuery
Ceased 14/03/2019
Mr Justin Lionel Head
Ceased 14/03/2019
Change History
Active
Private Limited Company
45 GRESHAM STREET
LONDON
CompanyRankvs 14798+ SIC 62012 peers54
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The Company achieved revenues of £2.1m in 2025 (2024: £2.1m), further validating the market need for the Po
Key FinancialsYear ending 31/12/2025
Net Worth
£3.5M
Balance sheet strength
Cash
£4.0M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£714k
Fixed Assets
£14k
Debtors
£639k