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Positech Energy Ltd

13298846

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE HOUSE OF STEPS, 11 COULSTON, WESTBURY, BA13 4NX
Incorporated 29/03/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

35110
Production of electricity
35140
Trade of electricity

Officers

Mr Clifford Paul Harris

secretary · Since 29/03/2021

Also on 1 other board

Mr Clifford Paul Harris

director · Since 29/03/2021

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Mr Clifford Paul Harris

25–50% shares
25–50% votes

British · United Kingdom · Age 56

The House Of Steps, 11 Coulston, Coulston, Westbury, BA13 4NX

Notified 29/03/2021

Dr Caroline Saunders

25–50% shares
25–50% votes

British · United Kingdom · Age 64

The House Of Steps, 11 Coulston, Coulston, Westbury, BA13 4NX

Notified 29/03/2021

CompanyRankvs 4847+ SIC 35110 peers
24

Financial strength8th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/03/2026

Net Worth

-£152k

Balance sheet strength

Cash

£106k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£117k

Current Liabilities

£1.6M

Fixed Assets

£1.3M

Debtors

£11k

Tax at Year End

VAT£1k

Director Loans

Company owes directors£63

Balance Sheet

Assets less current liabilities-£152k
Signed by Mr Clifford Harris 11 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.07+£72k£20k
20250.04-£51k
20240.22-£76k
20230.40-£65k
20220.32

Derived from filed accounts. Not audited figures.