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Wessex Electricals (Shaftesbury) Limited

01053323

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WESSEX HSE,, SHAFTESBURY,, SP7 8PJ
Incorporated 05/05/1972

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/10/2025

Due 12/11/2026

On track

Industry

43210
Electrical installation

Officers

Mr Alistair Morgan

director · Since 02/09/1998

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 15 other boards

Mr Andrew Roger Green

director · Since 04/02/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Miss Donna Louise Harry

director · Since 30/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Mr Charles Richard Lowe

director · Since 30/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 61 other boards

Mr William Paul Shaw Scott

director · Since 09/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Wessex Group Limited

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

Wessex Group, Wincombe Lane, Shaftesbury, SP7 8PJ

Reg: 02457125 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

WESSEX GROUP LIMITED

Created 22/04/2010Registered 26/04/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/09/2002Registered 11/09/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/07/2001Registered 14/07/2001Satisfied 26/09/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/07/2001Registered 14/07/2001Satisfied 26/09/2009
charge
satisfied

WESSEX ELECTRICALS (MANAGEMENT) LIMITED

Created 01/11/1996Registered 05/11/1996Satisfied 03/05/2006
charge
satisfied

MIDLAND BANK PLC

Created 14/02/1994Registered 17/02/1994Satisfied 29/09/2005
charge
satisfied

MIDLAND BANK PLC

Created 04/01/1983Registered 07/01/1983Satisfied 03/05/2006
charge
satisfied

MIDLAND BANK PLC

Created 26/08/1982Registered 01/09/1982Satisfied 03/05/2006

CompanyRankvs 1770+ SIC 43210 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.67× · 16/20
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.

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 concern are d

Key FinancialsYear ending 29/02/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£888k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£5.5M

Current Liabilities

£3.3M

Fixed Assets

£894k

Debtors

£2.5M

Cost of Sales

£10.6M

Admin Expenses

£2.7M

Profit After Tax

£706k

116avg. employees+9

Tax at Year End

Corp tax£121k
Dividends paid£150k

People Costs

Wages & salaries£4.6M

Balance Sheet

Intangible assets£47k
Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67-£115k
20231.69+£68k
20222.27

Derived from filed accounts. Not audited figures.