Power Fab Designs Ltd
14487385
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/11/2022
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Persons with Significant Control
Mr Nathan Gwyllim Rees John
British · United Kingdom · Age 55
52, Parc Gwernen, Tycroes, SA18 3PR
Notified 16/11/2022
CompanyRankvs 6841+ SIC 72190 peers35
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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 30/11/2024
Net Worth
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£259
Working capital
Current Assets
£24k
Current Liabilities
£24k
Fixed Assets
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | -£20k |
Derived from filed accounts. Not audited figures.