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High Power Petroleum (Seapulse) Uk Ltd

11267780

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

33 CAVENDISH SQUARE, LONDON, W1G 0PW
Incorporated 21/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Sam Kenny

secretary · Since 13/09/2018

Mr Bradley Barry Doig

director · Since 19/10/2023

CORPORATE EXECUTIVE

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Persons with Significant Control

Robert Martin Friedland

25–50% shares

Canadian,American · Singapore · Age 75

150 Beach Road, #25-03 The Gateway West, Singapore, 189720

Notified 01/06/2024

CompanyRankvs 119815+ SIC 82990 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

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.

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

future and meet its financial obligations, the aforementioned factors indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. The directors have a reasonable expectation that the entity remains a going concern and accordingly, have prepared the financial statements on a going concern basis of accounting. Page

Key FinancialsYear ending 31/12/2023

Net Worth

-£7.1M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£14.9M

Working capital

Current Assets

£6k

Current Liabilities

£15.0M

Fixed Assets

£7.9M

Debtors

£1

3avg. employees

Balance Sheet

Assets less current liabilities-£7.1M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.00-£3.3M
20220.00-£3.5M
20210.07

Derived from filed accounts. Not audited figures.