Powersheds Limited
11790351
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 27/01/2026
Due 10/02/2027
Industry
Officers
director · Since 28/01/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 1 other board
director · Since 09/08/2022
ACCOUNTANT
BRITISH · SCOTLAND · Age 43
Also on 30 other boards
Persons with Significant Control
Bsw Timber Limited
Bsw Timber Limited, East End, Earlston, TD4 6JA
Reg: Sc108926 · Companies House · Private Company Limited By Shares
Notified 09/08/2022
Former PSCs
Mr Simon Reggie Hobson
Ceased 09/08/2022
Mr Jack Sutcliffe
Ceased 09/08/2022
CompanyRankvs 1610+ SIC 32990 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
is in a strong financial position with considerable cash reserves available. Financial Risks The Company's objectives when managing capital are to safeguard the Company's ability to continue as a going concern to provide returns for shareholders and benefits for other stakeholders. The company has no material exposure to currency risk. Employee Motivation The company's employees continue to be cen
Key FinancialsYear ending 31/12/2022
Turnover
£12.8M
Annual revenue
Net Worth
£4.2M
Balance sheet strength
Cash
£3.3M
Cash in the bank
Profit Before Tax
£2.3M
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£4.8M
Current Liabilities
£1.1M
Fixed Assets
£720k
Debtors
£725k
Cost of Sales
£8.8M
Gross Profit
£4.0M
Admin Expenses
£1.8M
Operating Profit
£2.2M
Profit After Tax
£1.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 4.52 | +£1.9M |
| 2022 | 1.92 | +£1.6M |
| 2021 | 1.39 | +£580k |
| 2020 | 1.11 | — |
Derived from filed accounts. Not audited figures.