# RELATIVE POWER LTD (13246113)

> RELATIVE POWER LTD is an active private limited company (company number 13246113) incorporated on 4 March 2021, registered in Chesterfield. Its registered activity is electrical installation (SIC 43210). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £365k and cash of £291k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 11% on the prior period (£330k).

- Status: Active
- Incorporated: 2021-03-04
- Registered office: Chesterfield, S45 9FB
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-18
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 1,107 comparable companies in Sheffield (median £8,294, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £365k | £291k | £217k | £182k | — | — | 2 |
| 2024-03-31 | £330k | £320k | £45k | £84k | — | — | 2 |

current ratio 2.8; size band micro.

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

- Net assets above zero: Net assets £365,286 at 31 March 2025
- Net assets up 10% or more on the prior period: +10.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.8
- Cash at bank of £50,000 or more: Cash £290,510
- Incorporated five or more years ago: Incorporated 4 March 2021

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

## Persons with significant control

- Mr Shane Mcdaid — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-03-04

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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/13246113
HTML: https://firmoscan.com/company/13246113-relative-power-ltd