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Powertek Uk Ltd

13832282

active
Private Limited Company
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

13B SOUTHVIEW PARK, READING, RG4 5AF
Incorporated 06/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Mr Derek Peter Woodland Luce

director · Since 06/01/2022

ENGINEERING MANAGER

ENGLISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mr Derek Peter Woodland Luce

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

English · United Kingdom · Age 65

13b, Southview Park, Reading, RG4 5AF

Notified 06/01/2022

CompanyRankvs 980+ SIC 26511 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.68× · 6/20
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.

Employees5/15 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.

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 31/03/2025

Net Worth

-£75k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£111k

Current Liabilities

£162k

Fixed Assets

£7k

1avg. employees+2

Balance Sheet

Assets less current liabilities-£44k
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68-£110k
20241.47+£42k
20231.27

Derived from filed accounts. Not audited figures.