Southern Electrical Discounters Limited
00795238
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/07/2025
Due 13/08/2026
Industry
Officers
Former
director · Resigned 07/12/2015
director · Resigned 26/04/2021
director · Resigned 17/06/2025
Persons with Significant Control
Mr Bernard Peter Litman
British · England · Age 70
Unit 2, Kingsgate Court, Rayleigh Road, Leigh-On-Sea, SS9 5PS
Notified 06/04/2016
Change History
Active
Private Limited Company
UNIT 2, KINGSGATE COURT
LEIGH-ON-SEA
CompanyRankvs 1635+ SIC 68201 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£1.9M
Balance sheet strength
Cash
£148
Cash in the bank
Net Current Assets
-£360k
Working capital
Current Assets
£498k
Current Liabilities
£858k
Debtors
£498k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.58 | +£180k |
| 2024 | 0.03 | +£140k |
| 2023 | 0.02 | — |
Derived from filed accounts. Not audited figures.