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Spaford Electro And Mechanic Services Limited

01355991

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1-3 MANOR ROAD, CHATHAM, ME4 6AE
Incorporated 06/03/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Kevin Michael Alford

director · Since 31/10/1991

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 70

Mrs Averil Linda Alford

secretary · Since 01/02/1993

BRITISH

Persons with Significant Control

Mr Kevin Michael Alford

Significant control

British · United Kingdom · Age 70

1-3 Manor Road, Chatham, ME4 6AE

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 26/10/1983Registered 28/10/1983Satisfied 29/03/2022

CompanyRankvs 1534+ SIC 43999 peers
85

Financial strength88th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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.

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

Key FinancialsYear ending 31/01/2021

Net Worth

£225k

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

£215k

Working capital

Current Assets

£263k

Current Liabilities

£48k

Fixed Assets

£22k

Debtors

£77k

5avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£237k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20215.46+£13k
20207.71-£11k
20194.93

Derived from filed accounts. Not audited figures.