Back to search

Wheeler Electrical Limited

00801027

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 9 outstanding charges (-10)

Details

30 - 34 NORTH STREET, HAILSHAM, BN27 1DW
Incorporated 15/04/1964

Compliance

Last accounts

31/05/2025

medium

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 17/07/2025

Due 31/07/2026

On track

Industry

43210
Electrical installation

Officers

Mr Charles Peter Wheeler

director · Since 31/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Mr Edward Derek Wheeler

director · Since 31/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Sam Patrick Neill

director · Since 20/07/2023

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mrs Louise Amanda Darvall

secretary · Since 12/01/2024

Persons with Significant Control

Tdh Wheeler Limited

75–100% shares
75–100% votes

Unit 3-4 Black Moor Business Park, New Road, Bedford, MK45 2BG

Reg: 11266974 · Companies House, England & Wales · Private Limited Company

Notified 27/07/2018

Former PSCs

Mr Peter Charles Wheeler

Ceased 27/07/2018

Mrs Hayley Wheeler

Ceased 27/07/2018

Charges9 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 23/04/2019Registered 29/04/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 11/12/2018Registered 21/12/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 06/12/2018Registered 08/12/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 21/05/2018Registered 01/06/2018
charge
outstanding

BARCLAYS BANK PLC

Created 25/10/2007Registered 26/10/2007
charge
outstanding

BARCLAYS BANK PLC

Created 03/03/2006Registered 08/03/2006
charge
outstanding

BARCLAYS BANK PLC

Created 10/12/2004Registered 16/12/2004
charge
outstanding

BARCLAYS BANK PLC

Created 10/12/2004Registered 16/12/2004
charge
outstanding

BARCLAYS BANK PLC

Created 11/11/2004Registered 20/11/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/08/2000Registered 23/08/2000Satisfied 13/12/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/1995Registered 29/12/1995Satisfied 13/12/2011

CompanyRankvs 1762+ SIC 43210 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees15/15 pts

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

Liquidity16/20 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 31/05/2025

Turnover

£23.9M

Annual revenue

Net Worth

£3.8M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£8.7M

Current Liabilities

£5.2M

Fixed Assets

£1.2M

Debtors

£5.9M

Cost of Sales

£18.5M

Gross Profit

£5.4M

Admin Expenses

£2.7M

Operating Profit

£2.7M

Profit After Tax

£2.1M

80avg. employees

Tax at Year End

Corp tax£684k
Dividends paid£1.6M

People Costs

Wages & salaries£3.1M
NI contributions£320k

Balance Sheet

Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£0
20251.68+£496k
20241.96+£52k
20231.99+£393k
20222.12+£445k
20211.84+£864k
20201.96

Derived from filed accounts. Not audited figures.