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Powerburn Limited

12130677

active
Private Limited Company
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

1 HUTTON CLOSE, CO DURHAM, BISHOP AUCKLAND, DL14 6XG
Incorporated 31/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93110
Operation of sports facilities

Officers

Ms Gemma Magnusson

director · Since 31/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Ms Gemma Magnusson

75–100% shares

British · England · Age 42

1 Hutton Close, South Church Enterprise Park, Co Durham, Bishop Auckland, DL14 6XG

Notified 31/07/2019

Former PSCs

Mr Joseph Mcdonnell

Ceased 01/07/2021

CompanyRankvs 2252+ SIC 93110 peers
55

Financial strength42th percentile among SIC peers · 11/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.75× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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2252Powerburn Limited
54
How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 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 31/07/2024

Net Worth

£510

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£703

Fixed Assets

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20243.75
20231.55
20220.60
20211.05

Derived from filed accounts. Not audited figures.