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Pwr Network Cic

11914380

active
Community Interest Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

WEATHERILL HOUSE, LONDON, CR0 4WF
Incorporated 29/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities
88990
Other social work activities without accommodation

Officers

Mr Idris Olowu

director · Since 01/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 32

Mr Adeola Onigbanjo

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Adeola Onigbanjo

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

British · England · Age 32

Weatherill House, 23 Whitestone Way, London, CR0 4WF

Notified 29/03/2019

CompanyRankvs 6817+ SIC 58190 peers
44

Financial strength11th percentile among SIC peers · 3/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/03/2025

Turnover

£28k

Annual revenue

Net Worth

-£11k

Balance sheet strength

Cash

£36k

Cash in the bank

Profit Before Tax

-£368

Bottom line earnings

Net Current Assets

£18k

Working capital

Current Assets

£37k

Current Liabilities

£20k

Fixed Assets

£958

Debtors

£2k

Cost of Sales

£48k

Gross Profit

-£20k

Admin Expenses

£1k

Operating Profit

-£368

0avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88-£368
20241.77-£6k
20230.13+£948
20220.21+£2k
20210.37-£5k

Derived from filed accounts. Not audited figures.