POWERDAY PLC
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-07-31
Confirmation statement due
2026-05-26 (this month)
Last made up 2025-05-12
Watchouts
None on the register
Cash
£35M
+0.9% vs 2024
Net assets
£97M
+12% highest in 4 filed years
Employees
—
Average over period
Profit before tax
—
Period ending 2025-07-31
Net assets
9-year trend · vs Industrials median
Accounts
9-year trend · latest reflected 2025-07-31
| Metric | Trend | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-30 | 2023-07-31 | 2023-08-01 | 2023-08-02 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £65,026,922 | — | £346,618 | — | — | |
| Operating profit | — | — | — | — | £9,493,974 | — | £142,064 | — | — | |
| Profit before tax | — | — | — | — | £10,401,798 | — | £146,605 | — | — | |
| Net profit | — | — | — | — | £6,795,160 | — | £109,954 | £13,816,044 | £11,165,059 | |
| Cash | — | — | — | — | £40,681,612 | — | £40,638,212 | £35,034,849 | £35,336,093 | |
| Total assets less current liabilities | — | — | — | — | £74,800,087 | — | £74,910,041 | £89,623,730 | £100,403,683 | |
| Net assets | — | — | — | — | £73,500,362 | — | £73,610,316 | £86,875,260 | £97,338,919 | |
| Equity | £61,661,719 | £69,562,652 | £67,218,727 | £73,500,362 | £73,500,362 | £73,610,316 | £73,610,316 | £86,875,260 | £97,338,919 | |
| Average employees | — | — | — | — | 248 | — | 255 | — | — | |
| Wages | — | — | — | — | £11,269,835 | — | £45,149 | — | — |
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 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-30 | 2023-07-31 | 2023-08-01 | 2023-08-02 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 14.6% | — | 41.0% | — | — | |
| Net margin | — | — | — | — | 10.4% | — | 31.7% | — | — | |
| Return on capital employed | — | — | — | — | 12.7% | — | 0.2% | — | — | |
| Interest cover | — | — | — | — | 1601.28x | — | — | — | — |
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
- Consolidated group
- Auditor
- Brebners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 group'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. At 31st July 2025, the group had substantial net assets of 97,935,900 including cash at bank of 35,940,635. The company, and the group of which it is a member, meets its day to day working capital requirements through a combination of existing resources, normal trading terms and bank facilities. Ongoing regulatory compliance is critical to the company and operational procedures and controls are closely monitored to ensure the company remains compliant in this regard. The group's latest unaudited management accounts show continued profitability and the directors believe that the group is well placed to manage its business risks successfully. After making enquiries the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- POWERDAY PLC · parent
- Economic Skips Limited 100%
- Howard House Management Company Limited 100%
- Thorney Mill Rail Sidings Limited 100%
- C&G Demolition and Site Clearance Limited 100%
- Powerday Global Project Management LLC 100%
- Powerday Overseas Project Management LLC 100%
Significant events
- “In the last few years, we have expanded our operations with the successful integration of the IOD site (Canning Town Jun-2021), the Croydon site (Dec-23), the purchase of Economic Skips business (Bermondsey Sep-23) and the Thorney Mill site (Feb-25).”
- “The directors remain vigilant in identifying opportunities for further expansion, over the coming years the business will be further expanding its operations at Croydon, Canning Town and Thorney Mill.”
- “During the year the Business allocated 2,600,000 to invest in the lucrative United Arab Emirates property market. This investment is through the establishment of two new subsidiaries registered in Dubai; Powerday Global Project Management Co. L.L.C. and Powerday Overseas Project Management L.L.C S.O.C.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROSSAN, Michael Rowland | Secretary | 2001-01-23 | — | British |
| CROSSAN, Edward John James | Director | 2016-07-01 | Aug 1990 | British |
| CROSSAN, Michael Rowland | Director | — | Jun 1956 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROSSAN, John Patrick | Secretary | — | 2001-01-23 |
| BENSTED, Mark Laurence | Director | 2010-05-04 | 2020-12-10 |
| CROSSAN, John Patrick | Director | 1993-04-23 | 2001-07-11 |
| NAUGHTON, John Joseph | Director | 2001-07-11 | 2020-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Rowland Crossan | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-27 | AA | accounts | Accounts with accounts type group | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-27 | AA | accounts | Accounts with accounts type group | |
| 2025-02-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-23 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | AA | accounts | Accounts with accounts type full | |
| 2023-07-14 | AA | accounts | Accounts with accounts type group | |
| 2023-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-06-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | AA | accounts | Accounts with accounts type group | |
| 2021-05-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-29 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2024-07-31
-
Turnover
—
Not reported
-
Cash
+0.9%
£35,034,849 £35,336,093
-
Net assets
+12%
£86,875,260 £97,338,919
highest in 4 filed years
-
Employees
—
Not reported
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