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Cannon Electronics & Automation Limited

00665169

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

GRASSLANDS PYE CORNER, HARLOW, CM20 2RB
Incorporated 15/07/1960

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

25620
Machining

Officers

Miss Anna Louise May

director · Since 25/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Ms Claire Elizabeth Reilly

director · Since 25/09/2025

DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

E.D.Cannon Holdings Ltd

significant-influence-or-control-as-firm

Whitegate, Dunmow Road, Bishop's Stortford, CM22 7ED

Reg: 01061782 · England · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/11/2025Registered 01/12/2025
Charge
outstanding

HSBC UK BANK PLC

Created 25/11/2025Registered 27/11/2025
charge
satisfied

BARCLAYS BANK LIMITED

Created 18/05/1981Registered 28/05/1981Satisfied 14/03/2022

CompanyRankvs 1809+ SIC 25620 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£140k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£142k

Working capital

Current Assets

£34k

Current Liabilities

£175k

Fixed Assets

£1k

Debtors

£674

3avg. employees-1

Balance Sheet

Assets less current liabilities-£140k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19-£40k
20230.30-£9k
20220.38+£17k
20210.06-£7k
20200.02-£9k
20190.09
20180.05

Derived from filed accounts. Not audited figures.