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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

GEM POWER LIMITED

🇬🇧United Kingdom•Private Limited Company (Ltd.)•Active

Summary

Country🇬🇧United Kingdom
StatusActive
Registration Number06525383
Founded06/03/2008
PurposeWholesale of electronic and telecommunications equipment and parts
Address126 East Ferry Road, Canary Wharf, London, E14 9FP
Confirmation StatementNext due: 01/02/2027; Last made up: —

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusActive
Registration Date06/03/2008
Registry AuthorityCompanies House
Registered Capital£100

Source: UK Companies House · Last updated: 03/12/2025

Timeline (36 events)

06/02/2026

Resigned Yuriy Borzenko (person)

Resigned as Director

30/01/2026

Annual accounts filed

Micro company accounts made up to 31 December 2025

View file in Documents

06/03/2008

Appointed Wigmore Secretaries Limited (person)

Appointed as Secretary

Network

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Network depth

Ownership & Management

Persons with significant control

Iryna Borzenko

50–75% shares

Appointed: 06/04/2016

62.5%
Yuriy Borzenko

25–50% shares

Appointed: 06/04/2016 · Resigned: 06/02/2026

37.5%

Officers & directors

Iryna Borzenko

Director

Appointed: 26/03/2008

—
Rinat Sadrutdinov

Director

Appointed: 29/09/2025 · Resigned: 15/01/2026

—
Dmitry Gamolin

Director

Appointed: 26/03/2008 · Resigned: 26/12/2015

—

Showing 1–5 of 8

1 / 2

Ownership Timeline (3 changes)

06/02/2026

Resigned Yuriy Borzenko (person)

Person with significant control

06/04/2016

Appointed Yuriy Borzenko (person)

Person with significant control

06/04/2016

Appointed Iryna Borzenko (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

126 East Ferry Road

Canary Wharf

London

E14 9FP

Financials

Key figures from annual accounts filings.

Convert to

2009

Profit / (loss): £6.2K

Key figures

Profit / (loss)

2009£6,249
2010£6,249
2011£108,885
2012£97,232
2013£289,887
2014£395,240
2015£397,261
2016£453,315
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Total assets

2009£6,376
2010£6,376
2011£109,012
2012£171,656
2013£100
2014£100
2015£100
2016£100
2019£739,629
2020£835,848
2021£879,282
2022£972,215
2023£992,733
2024£996,703
2025£1,035,326

Net Assets Liabilities

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019£739,629
2020£835,848
2021—
2022—
2023£992,733
2024£996,703
2025£1,035,326

Equity

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019—
2020—
2021£879,282
2022£972,215
2023—
2024—
2025—

Current Assets

2009£8,593
2010£8,593
2011£136,249
2012£189,519
2013£353,429
2014£453,713
2015£414,431
2016£578,672
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Net Current Assets Liabilities

2009£6,932
2010£6,932
2011£109,241
2012£158,992
2013£276,147
2014£381,821
2015£395,617
2016£446,189
2019£1,149,099
2020£1,222,805
2021£629,129
2022£650,382
2023£1,325,684
2024£1,367,990
2025£1,424,355

Total Assets Less Current Liabilities

2009£6,932
2010£6,932
2011£109,818
2012£171,656
2013£289,987
2014£395,340
2015£397,361
2016£453,415
2019£922,879
2020£1,169,098
2021£879,282
2022£972,215
2023£1,660,383
2024£1,664,353
2025£1,702,976

Cash Bank On Hand

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019—
2020—
2021£149,564
2022£26,876
2023—
2024—
2025—

Debtors

2009—
2010—
2011£164,169
2012£142,744
2013£193,275
2014£420,274
2015£287,923
2016£375,665
2019—
2020—
2021£1,107,881
2022£1,176,021
2023—
2024—
2025—

Other Debtors

2009—
2010—
2011—
2012—
2013—
2014£0
2015£35,888
2016£46,968
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Creditors

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019£-47,011
2020£-32,288
2021£487,890
2022£573,768
2023£-26,963
2024£-46,234
2025£-54,563

Investments Fixed Assets

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019—
2020—
2021£94,783
2022£318,783
2023—
2024—
2025—

Number Shares Allotted

2009—
2010—
2011—
2012—
2013100
2014100
2015100
2016100
2019—
2020—
2021100
2022100
2023—
2024—
2025—

Par Value Share

2009—
2010—
2011—
2012—
2013£1
2014£1
2015£1
2016£1
2019—
2020—
2021£1
2022£1
2023—
2024—
2025—

Average Number Employees During Period

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019—
20206
20216
20227
20230
20245
20255

Accruals Deferred Income

2009£556
2010£556
2011£806
2012—
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Called Up Share Capital

2009£127
2010£127
2011£127
2012£100
2013£100
2014£100
2015£100
2016£100
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Cash Bank In Hand

2009£8,593
2010£8,593
2011£136,249
2012£46,775
2013£160,154
2014£33,439
2015£126,508
2016£203,007
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Creditors Due Within One Year

2009—
2010—
2011—
2012—
2013£77,282
2014£71,892
2015£18,814
2016£132,483
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Creditors Due Within One Year Total Current Liabilities

2009£1,661
2010£1,661
2011£27,008
2012£30,527
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Fixed Assets

2009—
2010£577
2011£577
2012£12,664
2013—
2014—
2015—
2016—
2019—
2020—
2021£109,727
2022£343,086
2023—
2024—
2025—

Net Assets Liabilities Including Pension Asset Liability

2009£6,376
2010£6,376
2011£109,012
2012£171,656
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Net Proceeds From Issue Shares Other Equity Instruments Excluding Shares Issued To Minority Interests

2009—
2010—
2011—
2012—
2013£100
2014£100
2015£100
2016£100
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Other Creditors Due Within One Year

2009—
2010—
2011—
2012£900
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Profit Loss Account Reserve

2009£6,249
2010£6,249
2011£108,885
2012£97,232
2013£289,887
2014£395,240
2015£397,261
2016£453,315
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Property Plant Equipment

2009—
2010—
2011—
2012—
2013—
2014—
2015—
2016—
2019—
2020—
2021£14,944
2022£0
2023—
2024—
2025—

Share Capital Allotted Called Up Paid

2009—
2010—
2011—
2012—
2013£100
2014£100
2015£100
2016£100
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Shareholder Funds

2009£6,376
2010£6,376
2011£109,012
2012£171,656
2013£289,987
2014£395,340
2015£397,361
2016£453,415
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets

2009—
2010£577
2011£577
2012£12,664
2013£13,840
2014£13,519
2015£1,744
2016£7,226
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets Additions

2009—
2010£865
2011£21,036
2012£11,204
2013£13,821
2014£4,540
2015£8,224
2016£3,245
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets Cost Or Valuation

2009—
2010£0
2011£865
2012£30,585
2013£30,585
2014£44,406
2015£48,946
2016£57,170
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets Depreciation

2009—
2010£288
2011£7,589
2012£16,745
2013£30,887
2014£47,202
2015£49,944
2016£54,348
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets Depreciation Charged In Period

2009—
2010—
2011—
2012—
2013£14,142
2014£16,315
2015£2,742
2016£4,404
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Tangible Fixed Assets Depreciation Charge For Period

2009—
2010£288
2011£7,301
2012£10,028
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Taxation Social Security Due Within One Year

2009£1,661
2010£1,661
2011£27,008
2012£29,627
2013—
2014—
2015—
2016—
2019—
2020—
2021—
2022—
2023—
2024—
2025—

Trade Debtors

2009—
2010—
2011—
2012£142,744
2013£193,275
2014£420,274
2015£252,035
2016£328,697
2019—
2020—
2021—
2022—
2023—
2024—
2025—
Metric200920102011201220132014201520162019202020212022202320242025
Profit / (loss)£6,249£6,249£108,885£97,232£289,887£395,240£397,261£453,315———————
Total assets£6,376£6,376£109,012£171,656£100£100£100£100£739,629£835,848£879,282£972,215£992,733£996,703£1,035,326
Net Assets Liabilities————————£739,629£835,848——£992,733£996,703£1,035,326
Equity——————————£879,282£972,215———
Current Assets£8,593£8,593£136,249£189,519£353,429£453,713£414,431£578,672———————
Net Current Assets Liabilities£6,932£6,932£109,241£158,992£276,147£381,821£395,617£446,189£1,149,099£1,222,805£629,129£650,382£1,325,684£1,367,990£1,424,355
Total Assets Less Current Liabilities£6,932£6,932£109,818£171,656£289,987£395,340£397,361£453,415£922,879£1,169,098£879,282£972,215£1,660,383£1,664,353£1,702,976
Cash Bank On Hand——————————£149,564£26,876———
Debtors——£164,169£142,744£193,275£420,274£287,923£375,665——£1,107,881£1,176,021———
Other Debtors—————£0£35,888£46,968———————
Creditors————————£-47,011£-32,288£487,890£573,768£-26,963£-46,234£-54,563
Investments Fixed Assets——————————£94,783£318,783———
Number Shares Allotted————100100100100——100100———
Par Value Share————£1£1£1£1——£1£1———
Average Number Employees During Period—————————667055
Accruals Deferred Income£556£556£806————————————
Called Up Share Capital£127£127£127£100£100£100£100£100———————
Cash Bank In Hand£8,593£8,593£136,249£46,775£160,154£33,439£126,508£203,007———————
Creditors Due Within One Year————£77,282£71,892£18,814£132,483———————
Creditors Due Within One Year Total Current Liabilities£1,661£1,661£27,008£30,527———————————
Fixed Assets—£577£577£12,664——————£109,727£343,086———
Net Assets Liabilities Including Pension Asset Liability£6,376£6,376£109,012£171,656———————————
Net Proceeds From Issue Shares Other Equity Instruments Excluding Shares Issued To Minority Interests————£100£100£100£100———————
Other Creditors Due Within One Year———£900———————————
Profit Loss Account Reserve£6,249£6,249£108,885£97,232£289,887£395,240£397,261£453,315———————
Property Plant Equipment——————————£14,944£0———
Share Capital Allotted Called Up Paid————£100£100£100£100———————
Shareholder Funds£6,376£6,376£109,012£171,656£289,987£395,340£397,361£453,415———————
Tangible Fixed Assets—£577£577£12,664£13,840£13,519£1,744£7,226———————
Tangible Fixed Assets Additions—£865£21,036£11,204£13,821£4,540£8,224£3,245———————
Tangible Fixed Assets Cost Or Valuation—£0£865£30,585£30,585£44,406£48,946£57,170———————
Tangible Fixed Assets Depreciation—£288£7,589£16,745£30,887£47,202£49,944£54,348———————
Tangible Fixed Assets Depreciation Charged In Period————£14,142£16,315£2,742£4,404———————
Tangible Fixed Assets Depreciation Charge For Period—£288£7,301£10,028———————————
Taxation Social Security Due Within One Year£1,661£1,661£27,008£29,627———————————
Trade Debtors———£142,744£193,275£420,274£252,035£328,697———————

Documents

Termination of director appointment

06/02/2026

View

Confirmation statement

06/02/2026

View

Confirmation statement

06/02/2026

View

Cessation as person with significant control

06/02/2026

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Micro company accounts made up to 31 December 2025

30/01/2026

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Previous accounting period shortened from 31 January 2026 to 31 December 2025

23/01/2026

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Termination of director appointment

15/01/2026

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Micro company accounts made up to 31 January 2025

31/10/2025

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Appointment of director

30/09/2025

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Current ratio (2016)Current ratio
4.37×
YoY profit / (loss) (2015 vs 2016)YoY profit / (loss)
+14.1%
Return on assets (net) (2016)Return on assets (net)
453,315%
Equity ratio (2025)Equity ratio
100%
YoY total assets (2024 vs 2025)YoY total assets
+3.9%

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Growth

YoY profit / (loss) (2010 vs 2011)
+1,642.4%
YoY total assets (2010 vs 2011)
+1,609.7%
YoY net current assets (2010 vs 2011)
+1,475.9%
YoY profit / (loss) (2011 vs 2012)
-10.7%
YoY total assets (2011 vs 2012)
+57.5%
  1. –
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  3. –GEM POWER LIMITED
YoY net current assets (2011 vs 2012)
+45.5%
YoY profit / (loss) (2012 vs 2013)
+198.1%
YoY total assets (2012 vs 2013)
-99.9%
YoY net current assets (2012 vs 2013)
+73.7%
YoY profit / (loss) (2013 vs 2014)
+36.3%
YoY net current assets (2013 vs 2014)
+38.3%
YoY profit / (loss) (2014 vs 2015)
+0.5%
YoY net current assets (2014 vs 2015)
+3.6%
YoY profit / (loss) (2015 vs 2016)
+14.1%
YoY net current assets (2015 vs 2016)
+12.8%
YoY total assets (2016 vs 2019)
+739,529%
YoY net current assets (2016 vs 2019)
+157.5%
YoY total assets (2019 vs 2020)
+13%
YoY net current assets (2019 vs 2020)
+6.4%
YoY total assets (2020 vs 2021)
+5.2%
YoY net current assets (2020 vs 2021)
-48.6%
YoY total assets (2021 vs 2022)
+10.6%
YoY net current assets (2021 vs 2022)
+3.4%
YoY total assets (2022 vs 2023)
+2.1%
YoY net current assets (2022 vs 2023)
+103.8%
YoY total assets (2023 vs 2024)
+0.4%
YoY net current assets (2023 vs 2024)
+3.2%
YoY total assets (2024 vs 2025)
+3.9%
YoY net current assets (2024 vs 2025)
+4.1%
CAGR total assets (2009–2025)
+43.8%

Efficiency & returns

Return on assets (net) (2009)
98%
Return on assets (net) (2010)
98%
Return on assets (net) (2011)
99.9%
Return on assets (net) (2012)
56.6%
Return on assets (net) (2013)
289,887%
Return on assets (net) (2014)
395,240%
Return on assets (net) (2015)
397,261%
Return on assets (net) (2016)
453,315%

Working capital & liquidity

Net current assets (2009)
£6,932
Net current assets (2010)
£6,932
Net current assets (2011)
£109,241
Net current assets (2012)
£158,992
Current ratio (2013)
4.57×
Net current assets (2013)
£276,147
Current ratio (2014)
6.31×
Net current assets (2014)
£381,821
Current ratio (2015)
22.03×
Net current assets (2015)
£395,617
Current ratio (2016)
4.37×
Net current assets (2016)
£446,189
Net current assets (2019)
£1,149,099
Net current assets (2020)
£1,222,805
Net current assets (2021)
£629,129
Net current assets (2022)
£650,382
Net current assets (2023)
£1,325,684
Net current assets (2024)
£1,367,990
Net current assets (2025)
£1,424,355

Capital structure

Equity ratio (2019)
100%
Equity ratio (2020)
100%
Equity ratio (2021)
100%
Equity ratio (2022)
100%
Equity ratio (2023)
100%
Equity ratio (2024)
100%
Equity ratio (2025)
100%
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