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Power Quality Improvement Services Ltd

11252384

active
ltd
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

6-8 School Lane School Lane, Standish, Wigan, WN6 0TD
Incorporated 13/03/2018

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/03/2026

Due 26/03/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Michael William Gerrard

director · Since 13/03/2018

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mrs Olga Gerrard

director · Since 27/04/2026

LATVIAN · ENGLAND · Age 44

Also on 1 other board

Michael William Gerrard

director · Since 13/03/2018

British · England · Age 38

Olga Gerrard

director · Since 27/04/2026

Latvian · England · Age 44

Former

Olga Gerrard

director · Resigned 25/03/2026

Persons with Significant Control

Gerrards Holdings Ltd

75–100% shares
Appoint directors

6-9, School Lane, Wigan, WN6 0TD

Reg: 16054352 · Companies House · Limited Company

Notified 01/11/2024

Former PSCs

Mr Michael William Gerrard

Ceased 01/11/2024

Change History

officer appointedGERRARD, Michael William
2026-08-15
officer appointedGERRARD, Olga
2026-08-15
statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line16-8 School Lane School Lane
2026-08-15

6-8 SCHOOL LANE SCHOOL LANE

post townWigan
2026-08-15

WIGAN

CompanyRankvs 701+ SIC 27900 peers
69

Financial strength62th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 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.

Longevity8/15 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

£66k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£128k

Current Liabilities

£49k

Fixed Assets

£3k

4avg. employees

Balance Sheet

Assets less current liabilities£82k
Signed by Mr Michael Gerrard Mrs Olga Gerrard 15/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.61-£8k
20242.63+£8k
20231.49

Derived from filed accounts. Not audited figures.