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Hamer Electrical Contractors Limited

01302824

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
0/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

37 LEWES WAY, RICKMANSWORTH, WD3 3SW
Incorporated 15/03/1977

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

43210
Electrical installation

Officers

Mr Andrew William Hamer

director · Since 06/04/2002

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 67

Mr Richard Bruce Hearne

secretary · Since 25/11/2025

Persons with Significant Control

Mr Andrew William Hamer

75–100% shares

British · England · Age 67

37, Lewes Way, Rickmansworth, WD3 3SW

Notified 06/04/2016

Insolvency History1 case

corporate voluntary arrangement

Charles Brook (practitioner) · John David Travers (practitioner)

CompanyRankvs 29062+ SIC 43210 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£65k

Current Liabilities

£90k

Fixed Assets

£1

2avg. employees

Balance Sheet

Assets less current liabilities-£25k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£11k
20230.85

Derived from filed accounts. Not audited figures.