# POWERLETE LTD (12627765)

> POWERLETE LTD is an active private limited company (company number 12627765) incorporated on 27 May 2020, registered in Bromley. Its registered activity is other retail sale in non-specialised stores (SIC 47190). Latest micro accounts cover the period ending 30 May 2025, showing net assets of £217k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 8% on the prior period (£201k).

- Status: Active
- Incorporated: 2020-05-27
- Registered office: Bromley, BR2 9JF
- SIC 47190: Other retail sale in non-specialised stores
- SIC 59200: Sound recording and music publishing activities
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-10
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 2,164 comparable companies in Greater London (median £1,034, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-30 | £217k | — | — | £382k | — | — | 3 |
| 2024-05-31 | £201k | — | — | £249k | — | — | 4 |

current ratio 0.28; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £216,931 at 30 May 2025
- Current assets below creditors within one year: Current ratio 0.28
- Incorporated five or more years ago: Incorporated 27 May 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Matthew William Edward Elms — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-05-27

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12627765
HTML: https://firmoscan.com/company/12627765-powerlete-ltd