POWER THREAD LTD
Company number 14689658 · Active · Blackburn BB2 3JG
POWER THREAD LTD is an active private limited company (company number 14689658) incorporated on 27 February 2023, registered in Blackburn. Its registered activity is wholesale of textiles (SIC 46410). Latest micro accounts cover the period ending 28 February 2025, showing net assets of −£1,415, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1869% on the prior period (£80).
By net assets it sits in the bottom quarter of 80 comparable companies in Lancashire (median £19k, upper quartile £360k).
Key dates
- Incorporated
- 27 February 2023
- Next accounts due
- 28 November 2026 — in 39 days
- Confirmation statement due
- 13 March 2027 — in 144 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 46410
- Wholesale of textiles
- SIC 46900
- Non-specialised wholesale trade
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 28 February 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | −£1,415 | — | — | £4,825 | — | — | 0 |
| 29 February 2024 | £80 | — | — | £3,216 | — | — | 0 |
- Current ratio
- 0.74 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 23/100 (grade E)
- -15 Negative net assets — Net assets £-1,415 at 2025-02-28
- -8 Net assets falling — -1868.8% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.74
- +4 Past first filings — Incorporated 2023-02-27
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Ismail Hashim Patel — owns 75–100% of shares; owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 17 March 2026
- Mr Arslan Safdar — owns 75–100% of shares; holds 75–100% of voting rights · since 27 February 2023 · ceased 10 October 2023
- Mr Masood Safdar — owns 75–100% of shares; owns 75–100% of shares; holds 75–100% of voting rights; holds 75–100% of voting rights · since 10 October 2023 · ceased 17 March 2026
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Lancashire
Same activity (wholesale of textiles), closest in incorporation date.
- WESTLANE CDN LTD — Blackburn, inc. Apr 2023
- URSIDI UK LTD — Southport, inc. Jan 2023
- AIR-TILES UK LTD — Chorley, inc. Dec 2022
- WL LINENS LTD — Blackburn, inc. Nov 2022
- VIKIIN PROPERTY & LETTINGS LIMITED — Burnley, inc. Nov 2022
- PORCENELLA LIMITED — Southport, inc. Jul 2023
Reminders for POWER THREAD LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.