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Powheels Catering Ltd

12181460

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

1ST FLOOR WELLESLEY HOUSE, ILFORD ESSEX, IG1 4NH
Incorporated 30/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Sohail Butt

director · Since 29/07/2025

DIRECTOR

PAKISTANI · ENGLAND · Age 49

Persons with Significant Control

Mr Sohail Butt

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

Pakistani · England · Age 49

1st Floor Wellesley House, 102 Cranbrook Road, Ilford Essex, IG1 4NH

Notified 29/07/2025

Former PSCs

Mr Syed Sibtul Hassan Ali Shah

Ceased 26/06/2025

Ms Saba Khan

Ceased 29/07/2025

CompanyRankvs 5147+ SIC 56210 peers
60

Financial strength81th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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5147Powheels Catering Ltd
55
How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 31/08/2022

Net Worth

£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£44k

Current Liabilities

£48k

Fixed Assets

£21k

3avg. employees

Balance Sheet

Assets less current liabilities£65k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20220.92+£0
20210.80—

Derived from filed accounts. Not audited figures.