Powerburn Limited
12130677
Some Concerns
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Next accounts due
30/04/2027
Confirmation statement
Last: 22/07/2025
Due 05/08/2026
Industry
Officers
director · Since 31/07/2019
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
Former
director · Resigned 01/07/2021
Persons with Significant Control
Ms Gemma Magnusson
British · England · Age 43
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
Change History
Active
Private Limited Company
1 HUTTON CLOSE
CO DURHAM, BISHOP AUCKLAND
CompanyRankvs 3101+ SIC 93110 peers45
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.75 |
| 2023 | 1.55 |
Derived from filed accounts. Not audited figures.