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Technology Powered Services Limited

12046205

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Office 1.11, Hollinwood Business Centre Albert Street, Hollinwood, Oldham, OL8 3QL
Incorporated 12/06/2019

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Andrew Hanlon

director · Since 12/06/2019

British · England · Age 42

Jake John Mccarthy

director · Since 24/11/2021

British · England · Age 36

Persons with Significant Control

Mr Andrew Hanlon

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

British · England · Age 42

Office 1.11, Hollinwood Business Centre, Albert Street, Oldham, OL8 3QL

Notified 12/06/2019

Charges0 outstanding

Charge
satisfied

ADVANTEDGE COMMERCIAL FINANCE (NORTH) LIMITED

Created 12/12/2019Registered 16/12/2019Satisfied 28/11/2024

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Office 1.11, Hollinwood Business Centre Albert Street
2026-06-05

OFFICE 1.11, HOLLINWOOD BUSINESS CENTRE ALBERT STREET

post townOldham
2026-06-05

OLDHAM

CompanyRankvs 4043+ SIC 62020 peers
82

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.51× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.5M

Current Liabilities

£460k

Fixed Assets

£123k

Debtors

£1.3M

20avg. employees+4

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.51-£55k
20232.25

Derived from filed accounts. Not audited figures.