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Wake Power Distribution Ltd

11463510

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

IDE SYSTEMS, UNIT 3, CANNOCK, WS11 7FU
Incorporated 13/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Kevin Warne

director · Since 13/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Wayne Andrew Woodhead

director · Since 13/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr Peter Evert Bertil Stegersjo

director · Since 06/05/2025

COMPANY DIRECTOR

SWEDISH · SWEDEN · Age 37

Mr Bengt Birger Lejdstrom

director · Since 25/09/2025

CFO

SWEDISH · SWEDEN · Age 64

Persons with Significant Control

Sdip Holdings Uk Limited

75–100% shares
75–100% votes
Appoint directors

44, The Pantiles, Tunbridge Wells, TN2 5TN

Reg: 12631252 · Companies House · Private Limited Company

Notified 03/09/2021

Former PSCs

Mr Wayne Andrew Woodhead

Ceased 03/09/2021

Mr Kevin Warne

Ceased 03/09/2021

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 28/10/2019Registered 30/10/2019Satisfied 08/09/2021
Charge
satisfied

IAN GLENN THOMAS · SUSAN ANGELA THOMAS

Created 29/07/2019Registered 30/07/2019Satisfied 08/09/2021
Charge
satisfied

SANTANDER UK PLC

Created 15/05/2019Registered 21/05/2019Satisfied 08/09/2021

CompanyRankvs 328+ SIC 27120 peers
34

Financial strength32th percentile among SIC peers · 8/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 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 strength8/25 pts

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

Employees11/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2023

Net Worth

£840

Balance sheet strength

Cash

£100

Cash in the bank

Profit Before Tax

-£17k

Bottom line earnings

Net Current Assets

-£6.4M

Working capital

Current Assets

£447k

Current Liabilities

£6.8M

Debtors

£447k

Admin Expenses

£8k

Profit After Tax

-£17k

5avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.07

Derived from filed accounts. Not audited figures.