Wasp Industrial Power Units Limited
12167631
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/08/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 9 other boards
director · Since 19/06/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 4 other boards
director · Since 19/06/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 3 other boards
Persons with Significant Control
Industrial Power Units Group Holdings Limited
2, Cygnus Way, West Bromwich, B70 0XB
Reg: 12166485 · England And Wales Registry · Private Company Limited By Shares
Notified 26/11/2019
Former PSCs
Industrial Power Units Property Holdings Limited
Ceased 26/11/2019
Charges1 outstanding
HSBC UK BANK PLC
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CompanyRankvs 404+ SIC 46140 peers70
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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
Outstanding charges: -10 pts
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
£1.1M
Balance sheet strength
Cash
£148k
Cash in the bank
Net Current Assets
£956k
Working capital
Current Assets
£1.4M
Current Liabilities
£399k
Fixed Assets
£135k
Debtors
£737k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.39 | -£87k |
| 2023 | 1.97 | -£472k |
| 2022 | 1.62 | +£574k |
| 2021 | 1.52 | -£228k |
| 2020 | 1.98 | — |
Derived from filed accounts. Not audited figures.