Failsworth Power Solutions Limited
12987715
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr David Ellis
British · United Kingdom · Age 52
41, Brooks Drive, Manchester, M35 0LZ
Notified 30/10/2020
Mr Paul Higgins
British · United Kingdom · Age 50
67, Propps Hall Drive, Manchester, M35 0WA
Notified 30/10/2020
CompanyRankvs 19542+ SIC 43210 peers55
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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 31/10/2024
Net Worth
£9k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
£9k
Working capital
Current Assets
£46k
Current Liabilities
£37k
Debtors
£35k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.23 | +£6k |
| 2023 | 1.16 | — |
| 2022 | 1.03 | — |
| 2021 | 1.10 | — |
Derived from filed accounts. Not audited figures.