POWER STEERING SERVICES LIMITED Financials
- Company number
- 12050162CopyCopy
- Registered office
- Unit 5 Brookmarsh Trading Estate, Norman Road, London SE10 9QE
- Incorporated
- 13/06/2019
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.37%vs 20242024: £-166.29K
Total Assets
-41.22%vs 20242024: £91.92K
Cash in Bank
-62.08%vs 20242024: £2.07K
Total Liabilities
4.58%vs 20242024: £258.21K
Employees
0vs 20242024: 5
In 2025, POWER STEERING SERVICES LIMITED reported net assets of £-164.01K. The same filing shows total assets of £54.03K, cash in bank of £783.00 and total liabilities of £270.04K. Reported headcount was 5 in 2025. Total Assets fell from £91.92K in 2024 to £54.03K in 2025 (-41.22%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
1.37%from £-166.29K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures POWER STEERING SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Cash in Bank
+35.9%vs 2023+16.6% a year compound (CAGR)
Total Assets
-43.5%vs 2023-24.8% a year compound (CAGR)
Total Liabilities
+7%vs 2023+3.5% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+35.9%
£576.00 in 2023 to £783.00 in 2025
Biggest decrease
Total Assets-43.5%
£95.59K in 2023 to £54.03K in 2025
POWER STEERING SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from POWER STEERING SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -303.54%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 499.77%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.29%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.45%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for POWER STEERING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 53.45K | -125.57K | -157.72K | -166.29K | -164.01K |
| Total Assets£ | 71.54K | 85.21K | 95.59K | 91.92K | 54.03K |
| Cash in Bank£ | – | – | 576.00 | 2.07K | 783.00 |
| Total Liabilities£ | -17.99K | 208.79K | 252.30K | 258.21K | 270.04K |
| Employees | 4 | 5 | 5 | 5 | 5 |
POWER STEERING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for POWER STEERING SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
POWER STEERING SERVICES LIMITED reported net assets of £-164.01K for 2025. That compares with £-166.29K in 2024, a change of 1.37%.
POWER STEERING SERVICES LIMITED reported total assets of £54.03K for 2025. That compares with £91.92K in 2024, a change of -41.22%.
POWER STEERING SERVICES LIMITED reported cash in bank of £783.00 for 2025. That compares with £2.07K in 2024, a change of -62.08%.
POWER STEERING SERVICES LIMITED reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, POWER STEERING SERVICES LIMITED's cash in bank rose by 35.9%, total assets fell by 43.5%, total liabilities rose by 7% and employee numbers was unchanged. Cash in bank compounded at 16.6% a year across the two years to 2025, from £576.00 to £783.00. Reported headcount went from 5 in 2023 to 5 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.