Frv Powertek Limited
14161993
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 28/06/2025
Due 12/07/2026
Industry
Officers
director · Since 29/08/2022
BUSINESS DEVELOPMENT OFFICER
SPANISH · SPAIN · Age 49
director · Since 29/08/2022
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 3 other boards
director · Since 05/06/2024
HEAD OF LEGAL
BRITISH · ENGLAND · Age 42
Also on 9 other boards
Persons with Significant Control
Mr Mohammed Abdullatif H Jameel
Saudi Arabian · Monaco · Age 70
Capital House, 2nd Floor, St Helier, JE2 3NN
Notified 27/06/2022
Former PSCs
Mrs Preeti Yardi
Ceased 27/06/2022
Frv Solar Holdings Xx S.L.
Ceased 14/09/2022
Tyler Hill Renewables Limited
Ceased 05/09/2022
Frv Devco Energy, S.L.
Ceased 05/12/2023
CompanyRankvs 2060+ SIC 35110 peers37
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease opera
Key FinancialsYear ending 31/12/2024
Net Worth
-£965k
Balance sheet strength
Cash
£200k
Cash in the bank
Profit Before Tax
-£1.3M
Bottom line earnings
Net Current Assets
£21k
Working capital
Current Assets
£1.1M
Current Liabilities
£1.1M
Fixed Assets
£2.1M
Debtors
£927k
Cost of Sales
£168k
Gross Profit
-£168k
Admin Expenses
£957k
Operating Profit
-£1.1M
Profit After Tax
-£982k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.02 | +£352k |
| 2023 | 3.90 | -£765k |
| 2022 | 14.61 | — |
Derived from filed accounts. Not audited figures.