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Ng1 Power Solutions Ltd

11505607

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

BRIDGEWOOD FINANCIAL SOLUTIONS LIMITED, NOTTINGHAM, NG1 6EE
Incorporated 08/08/2018

Compliance

Last accounts

31/08/2023

total exemption full

Next accounts due

31/05/2025

Overdue

Confirmation statement

Last: 13/12/2023

Due 27/12/2024

Overdue

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Ms Indre Jakutyte

director · Since 01/12/2019

DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 34

Mr Benjamin Perry Sykes

director · Since 26/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

Miss Indre Jakutyte

75–100% shares

Lithuanian · England · Age 34

Cumberland House 35, Park Row, Nottingham, NG1 6EE

Notified 01/12/2019

Former PSCs

Mr Benjamin Perry Sykes

Ceased 01/12/2019

Insolvency History1 case

creditors voluntary liquidation30/08/2024

Andrew Peter Smith (practitioner) · Thomas Grummitt (practitioner)

CompanyRankvs 15+ SIC 47990 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2023

Net Worth

£19k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£124k

Current Liabilities

£165k

Fixed Assets

£130k

Debtors

£88k

4avg. employees

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£88k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20230.75

Derived from filed accounts. Not audited figures.