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Horwich Electronic Laboratories Limited

00824422

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

NORTHFIELD STREET, WORKS BOLTON, BL3 5JA
Incorporated 23/10/1964

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Mark Thornley Nutter

director · Since 01/12/2000

ENGINEER

ENGLISH · ENGLAND · Age 72

Also on 1 other board

Mr Duncan John Simm

director · Since 01/12/2000

ENGINEER

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Mr Duncan John Simm

secretary · Since 12/10/2004

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Persons with Significant Control

Lostock Electrical Projects Company Limited

75–100% shares
75–100% votes

Bankfield Mill, Bankfield Street, Bolton, BL3 5NL

Notified 13/05/2024

Former PSCs

Mr Duncan John Simm

Ceased 13/05/2024

Charges1 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 24/03/2021Registered 24/03/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/06/2004Registered 03/07/2004

CompanyRankvs 377+ SIC 27900 peers
67

Financial strength74th percentile among SIC peers · 19/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 7.44× · 20/20
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 strength19/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2026

Net Worth

£264k

Balance sheet strength

Cash

£204k

Cash in the bank

Net Current Assets

£264k

Working capital

Current Assets

£305k

Current Liabilities

£41k

Fixed Assets

£1

Debtors

£101k

2avg. employees

Tax at Year End(2025)

Corp tax£18k

Balance Sheet

Assets less current liabilities£264k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20267.44+£262k
20252.65+£0
20242.33+£0
20231.99

Derived from filed accounts. Not audited figures.