POWERSYSTEMS UK LTD
Get an alert when POWERSYSTEMS UK LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-08 (in 1y)
Last made up 2026-04-24
Watchouts
Cash
£11M
-8.7% vs 2023
Net assets
£13M
+37.5% vs 2023
Employees
122
+22% vs 2023
Profit before tax
£8M
+202.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £36,051,835 | £63,549,206 | |
| Operating profit | — | — | — | — | — | £2,429,594 | £7,533,085 | |
| Profit before tax | — | — | — | — | — | £2,523,375 | £7,636,730 | |
| Net profit | — | — | — | — | — | £2,177,657 | £5,666,011 | |
| Cash | — | — | — | — | — | £11,807,362 | £10,783,905 | |
| Total assets less current liabilities | — | — | — | — | — | £10,044,382 | £13,772,181 | |
| Net assets | — | — | — | — | — | £9,587,743 | £13,182,329 | |
| Equity | £25,162,959 | £7,580,684 | £8,110,904 | £10,232,201 | £10,289,955 | £9,587,743 | £13,182,329 | |
| Average employees | — | — | — | — | — | 100 | 122 | |
| Wages | — | — | — | — | — | £5,786,520 | £8,377,335 | |
| Directors' remuneration | — | — | — | — | — | £557,504 | £886,893 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+76.3%
£36,051,835 £63,549,206
-
Cash
-8.7%
£11,807,362 £10,783,905
-
Net assets
+37.5%
£9,587,743 £13,182,329
-
Employees
+22%
100 122
-
Operating profit
+210.1%
£2,429,594 £7,533,085
-
Profit before tax
+202.6%
£2,523,375 £7,636,730
-
Wages
+44.8%
£5,786,520 £8,377,335
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 6.7% | 11.9% | |
| Net margin | — | — | — | — | — | 6.0% | 8.9% | |
| Return on capital employed | — | — | — | — | — | 24.2% | 54.7% | |
| Current ratio | — | — | — | — | — | 1.33x | 1.56x | |
| Interest cover | — | — | — | — | — | 49.88x | 66.05x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- POWERSYSTEMS UK LTD 1990-09-28 → present
- POWER SYSTEMS (THORNBURY) LIMITED 1981-12-31 → 1990-09-28
- DUKESCROWN LIMITED 1980-12-11 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- POWERSYSTEMS UK LTD · parent
- Powersystems UK EOT Limited 100%
- PSEBT Limited 100%
Significant events
- “The financial performance in 2024 enabled the company to complete the deferred share purchase agreement that was put in place by the sellers in 2019 for the purchase of the company by Powersystems EOT Ltd. On completion of the transaction, directors Derek Earby and Stuart Wilsmore terminated their appointments in October 2024.”
- “Post accounting period the executive team has been strengthened with the appointment of new directors, Zoe Campbell, Jonathan Stock and Darren Williams in April 2025.”
- “On 19 February 2025, the company undertook a sub-division of its share capital.”
- “On 2 April 2025, the company allotted 35,862 C Ordinary shares of £0.001 each for cash consideration.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRIAND, Monica Jane | Secretary | 2025-09-16 | — | — |
| BRIAND, Monica Jane | Director | 2025-09-01 | Feb 1970 | British |
| JENKINS, Christopher Aragorn | Director | 2008-01-01 | Aug 1972 | British |
| STOCK, Jonathan | Director | 2025-04-08 | May 1990 | British |
| WILLIAMS, Darren | Director | 2025-04-08 | Jan 1973 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERRY, Rachel Clare | Secretary | 2023-04-07 | 2025-09-16 |
| EARBY, Derek Christopher Sinclair | Secretary | — | 2003-11-01 |
| THOMAS, Eirwyn Albert | Secretary | 2006-10-04 | 2023-04-06 |
| WILSMORE, Stuart John | Secretary | 2003-11-01 | 2006-10-04 |
| BERRY, Rachel Clare | Director | 2018-10-01 | 2025-09-30 |
| CAMPBELL, Zoe Elizabeth | Director | 2025-04-08 | 2026-01-09 |
| EARBY, Derek Christopher Sinclair | Director | — | 2024-10-16 |
| METCALFE, Stephen Roy | Director | 2000-07-01 | 2006-07-31 |
| THOMAS, Eirwyn Albert | Director | 1996-01-01 | 2023-04-06 |
| WILSMORE, Michael J | Director | — | 2006-04-22 |
| WILSMORE, Stuart John | Director | 1996-01-01 | 2024-10-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Powersystems Uk Eot Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, Appoints directors | 2019-01-02 | Active |
| Mr Stuart John Wilsmore | Individual | Shares 25–50% | 2016-05-01 | Ceased 2019-01-02 |
Filing timeline
Last 20 of 146 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-27 RESOLUTIONS Resolution
- 2025-02-27 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-21 | SH01 | capital | Capital allotment shares | |
| 2025-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-09-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | SH01 | capital | Capital allotment shares | |
| 2025-02-27 | SH02 | capital | Capital alter shares subdivision | |
| 2025-02-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-27 | MA | incorporation | Memorandum articles | |
| 2024-12-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 3
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.