POWER WHOLESALE LIMITED
Get an alert when POWER WHOLESALE LIMITED 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 2025-07-31
Confirmation statement due
2027-05-06 (in 1y)
Last made up 2026-04-22
Watchouts
Cash
£360K
+554.5% highest in 5 filed years
Net assets
£7M
+17.8% highest in 5 filed years
Employees
41
-16.3% lowest in 5 filed years
Profit before tax
£2M
-5.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 3 of the financial statements, which explains that the financial statements have not been prepared on a going concern basis for the reasons set out in that note. Our opinion is not modified in respect of this matter. On 1 January 2026, the trade and certain assets of Power Wholesale Limited were transferred to Edmundson Electrical Limited, a related party within the Marlowe Holdings Limited group.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-07-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2024-01-31 | 2025-07-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £17,048,000 | £23,724,000 | |
| Operating profit | — | — | — | £1,715,000 | £1,610,000 | |
| Profit before tax | — | — | — | £1,674,000 | £1,585,000 | |
| Net profit | — | — | — | £1,266,000 | £1,169,000 | |
| Cash | £33,083 | £12,791 | £58,704 | £55,000 | £360,000 | |
| Total assets less current liabilities | £3,371,107 | £4,163,401 | £4,694,184 | £5,621,000 | £6,630,000 | |
| Net assets | £2,640,154 | £3,002,326 | £3,732,689 | £5,521,000 | £6,504,000 | |
| Equity | £2,640,154 | £3,002,326 | £3,732,689 | £5,521,000 | £6,504,000 | |
| Average employees | 45 | 46 | 46 | 49 | 41 | |
| Wages | — | — | — | £1,269,000 | £2,159,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2024-01-31 | 2025-07-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 10.1% | 6.8% | |
| Net margin | — | — | — | 7.4% | 4.9% | |
| Return on capital employed | — | — | — | 30.5% | 24.3% | |
| Current ratio | — | — | — | 2.34x | 4.48x | |
| Interest cover | — | — | — | 41.83x | 61.92x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Partners Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 3 of the financial statements, which explains that the financial statements have not been prepared on a going concern basis for the reasons set out in that note. Our opinion is not modified in respect of this matter. On 1 January 2026, the trade and certain assets of Power Wholesale Limited were transferred to Edmundson Electrical Limited, a related party within the Marlowe Holdings Limited group.”
Significant events
- “On 1 January 2026, the trade and certain assets of Power Wholesale Limited were transferred to Edmundson Electrical Limited, a related party within the Marlowe Holdings Limited group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Benjamin James | Director | 2024-11-29 | Oct 1975 | British |
| WOOF, William Sones | Director | 2024-11-29 | May 1951 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Benjamin James | Secretary | 2024-11-29 | 2026-05-11 |
| CORNISH, Neil William | Secretary | 1998-02-09 | 2024-11-29 |
| MOSES, Isabel Maureen | Secretary | — | 1998-02-06 |
| CHRISTIE, Douglas Brash | Director | 2024-11-29 | 2026-05-11 |
| CORNISH, Ethel Winifred | Director | — | 1999-04-08 |
| CORNISH, Keith Victor | Director | 1999-06-02 | 2024-11-29 |
| CORNISH, Neil William | Director | 1996-05-08 | 2024-11-29 |
| CORNISH, Stephen | Director | 1999-06-02 | 2024-11-29 |
| CORNISH, Victor Albutt | Director | — | 1997-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marlowe Holdings Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-11-29 | Active |
| Mr Neil William Cornish | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-01-27 |
| Mr Stephen Cornish | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-01-27 |
| Mr Keith Victor Cornish | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-01-26 |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-05-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-05-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-09 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | AD02 | address | Change sail address company with old address new address | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-30 | AD04 | address | Move registers to registered office company with new address | |
| 2025-04-09 | CH01 | officers | Change person director company with change date | |
| 2025-02-10 | AA01 | accounts | Change account reference date company current extended | |
| 2024-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-01-31
-
Turnover
+39.2%
£17,048,000 £23,724,000
-
Cash
+554.5%
£55,000 £360,000
highest in 5 filed years
-
Net assets
+17.8%
£5,521,000 £6,504,000
highest in 5 filed years
-
Employees
-16.3%
49 41
lowest in 5 filed years
-
Operating profit
-6.1%
£1,715,000 £1,610,000
-
Profit before tax
-5.3%
£1,674,000 £1,585,000
-
Wages
+70.1%
£1,269,000 £2,159,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers