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Cord Power Technologies Ltd

14596911

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)
  • Going concern doubt noted in accounts (-10)

Details

22 GAS STREET, BIRMINGHAM, B1 2JT
Incorporated 17/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

James Noel Richard Hylton

director · Since 17/01/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Paul John William Tomlinson

director · Since 17/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Paul John William Tomlinson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

22, Gas Street, Birmingham, B1 2JT

Notified 17/01/2023

James Noel Richard Hylton

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 48

22, Gas Street, Birmingham, B1 2JT

Notified 17/01/2023

CompanyRankvs 6662+ SIC 45320 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6662Cord Power Technologies Ltd
34
How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Longevity4/15 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.

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

and net current liabilities of £687,614 (2025: £191,567). The directors have assessed the company's ability to continue as a going concern and have prepared cash flow forecasts covering a period of at least twelve months from the date of approval of these financial statements. In preparing these forecasts, the directors have considered

Key FinancialsYear ending 31/03/2026

Net Worth

-£654k

Balance sheet strength

Cash

£312k

Cash in the bank

Net Current Assets

-£688k

Working capital

Current Assets

£1.6M

Current Liabilities

£2.3M

Fixed Assets

£230k

Debtors

£233k

12avg. employees+6

Balance Sheet

Intangible assets£33k
Assets less current liabilities-£458k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20260.71-£551k
20250.78-£507k
20242.73—

Derived from filed accounts. Not audited figures.