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Brownings Electric Company Limited

00362699

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

11 THAMES ROAD, ESSEX, IG11 0HG
Incorporated 05/08/1940

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr Sudash Lal Damney

director · Since 13/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Mr Lawrence Toni Galea

director · Since 13/04/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Sudashlal Damney

secretary · Since 07/04/2010

BRITISH

Sharon Elizabeth Heaton

director · Since 08/04/2010

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 65

Mr Paul William French

director · Since 11/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Joseph Galea

director · Since 11/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Bec (London) Limited

75–100% shares
75–100% votes
Appoint directors
Significant control

11, Thames Road, Barking, IG11 0HG

Reg: 05355007 · Uk Companies Register · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 28/01/2025Registered 31/01/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 28/07/2021Registered 29/07/2021
charge
outstanding

BARCLAYS BANK PLC

Created 13/04/2005Registered 23/04/2005
charge
outstanding

BARCLAYS BANK PLC

Created 26/11/1999Registered 09/12/1999
charge
satisfied

DAGENHAM MOTORS GROUP PLC

Created 26/11/1999Registered 01/12/1999Satisfied 16/04/2005
charge
outstanding

BARCLAYS BANK PLC

Created 06/06/1990Registered 15/06/1990
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/10/1989Registered 13/10/1989Satisfied 30/04/1991
charge
satisfied

BARCLAYS BANK PLC

Created 14/03/1989Registered 20/03/1989Satisfied 29/10/1999
charge
satisfied

BARCLAYS BANK PLC

Created 20/06/1984Registered 27/06/1984Satisfied 16/04/2005
charge
satisfied

BARCLAYS BANK LTD

Created 10/05/1973Registered 18/05/1973Satisfied 16/04/2005
charge
satisfied

BARCLAYS BANK LTD

Created 03/03/1945Registered 11/03/1945Satisfied 16/04/2005

CompanyRankvs 85+ SIC 33140 peers
67

Financial strength100th percentile among SIC peers · 25/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company'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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£11.5M

Annual revenue

Net Worth

£6.7M

Balance sheet strength

Cash

£903k

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£3.8M

Working capital

Current Assets

£5.3M

Current Liabilities

£1.5M

Fixed Assets

£3.2M

Debtors

£4.0M

Cost of Sales

£5.9M

Gross Profit

£5.7M

Admin Expenses

£3.0M

Operating Profit

£1.9M

Profit After Tax

£1.3M

4avg. employees

Tax at Year End

Dividends paid-£1.2M

Balance Sheet

Assets less current liabilities£7.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.59+£1.1M
20233.02-£185k
20223.50+£2.1M
20214.06

Derived from filed accounts. Not audited figures.