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Power Engineering Co (Uk) Limited

11526435

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O INQUESTA CORPORATE RECOVERY & INSOLVENCY, MANCHESTER, M26 1LS
Incorporated 20/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Christopher James Mills

director · Since 20/08/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Christopher James Mills

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

British · United Kingdom · Age 35

Suite 3, Waterside Business Centre, Leigh, WN7 4DB

Notified 20/08/2018

CompanyRankvs 15+ SIC 71129 peers
29

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.87× · 6/20
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 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.

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

Key FinancialsYear ending 31/08/2022

Net Worth

£11k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£75k

Current Liabilities

£86k

Fixed Assets

£109k

Debtors

£4k

3avg. employees+1

Balance Sheet

Bank loans & overdrafts£87k
Assets less current liabilities£98k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.87-£34k
20211.18—

Derived from filed accounts. Not audited figures.