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Atlantic Electronics Limited

01397862

active
Private Limited Company
Companies House
Health Score
92 / 100

Healthy

30/30
Filing
30/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

970 NORTH CIRCULAR ROAD, NW2 7JR
Incorporated 03/11/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439

Officers

Mr Dilip Kumar Patel

director · Since 15/05/1992

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 7 other boards

Mr Ashwin Kumar Patel

director · Since 01/09/1997

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 4 other boards

Mr Dipesh Ashwin Patel

director · Since 13/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Rinesh Ashwin Patel

director · Since 13/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Persons with Significant Control

Mr Rinesh Ashwin Patel

Significant control

British · United Kingdom · Age 46

970 North Circular Road, NW2 7JR

Notified 02/07/2024

Mr Dipesh Ashwin Patel

Significant control

British · United Kingdom · Age 48

970 North Circular Road, NW2 7JR

Notified 02/07/2024

Mr Dilip Kumar Patel

Significant control

British · England · Age 70

970 North Circular Road, NW2 7JR

Notified 02/07/2024

Former PSCs

Mr Kantibhai Harmanbhai Patel

Ceased 09/04/2022

Mr Ashwin Kumar Patel

Ceased 15/08/2023

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 08/12/2017Registered 14/12/2017
charge
outstanding

LLOYDS TSB BANK PLC

Created 23/08/2011Registered 30/08/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 23/08/2011Registered 30/08/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 21/06/2011Registered 23/06/2011
charge
satisfied

BARCLAYS BANK PLC

Created 25/11/2005Registered 03/12/2005Satisfied 27/08/2011
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2005Registered 02/12/2005Satisfied 27/08/2011
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2005Registered 02/12/2005Satisfied 27/08/2011
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2005Registered 02/12/2005Satisfied 27/08/2011
charge
satisfied

BANK OF INDIA

Created 09/01/2002Registered 17/01/2002Satisfied 16/06/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/08/2001Registered 11/09/2001Satisfied 16/06/2007
charge
satisfied

BANK OF INDIA

Created 12/04/1999Registered 29/04/1999Satisfied 16/06/2007
charge
satisfied

BANK OF INDIA

Created 12/04/1999Registered 29/04/1999Satisfied 16/06/2007
charge
satisfied

BANK OF INDIA

Created 12/04/1999Registered 29/04/1999Satisfied 16/06/2007
charge
satisfied

STATE BANK OF INDIA

Created 10/02/1995Registered 22/02/1995Satisfied 29/04/1999
charge
satisfied

UCO BANK

Created 25/08/1987Registered 26/08/1987Satisfied 10/04/1999
charge
satisfied

UCO BANK

Created 25/08/1987Registered 26/08/1987Satisfied 10/04/1999
charge
satisfied

UCO BANK

Created 25/08/1987Registered 26/08/1987Satisfied 10/04/1999
charge
satisfied

BARCLAYS BANK PLC

Created 20/05/1987Registered 27/05/1987
charge
satisfied

BARCLAYS BANK PLC

Created 18/07/1983Registered 22/07/1983
charge
satisfied

BARCLAYS BANK PLC

Created 30/06/1983Registered 06/07/1983
charge
satisfied

BARCLAYS BANK PLC

Created 29/01/1982Registered 12/02/1982

CompanyRankvs 147+ SIC 46439 peers
67

Financial strength97th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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 31/12/2024

Net Worth

£3.9M

Balance sheet strength

Cash

£785k

Cash in the bank

Profit Before Tax

£139k

Bottom line earnings

Net Current Assets

£2.3M

Working capital

Current Assets

£4.2M

Current Liabilities

£1.9M

Fixed Assets

£1.8M

Debtors

£1.3M

Admin Expenses

£1.7M

Profit After Tax

£105k

0avg. employees-27

People Costs

Wages & salaries£765k

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£144k
Assets less current liabilities£4.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.23+£105k
20232.76+£192k
20222.63+£44k
20212.82+£211k
20202.84+£161k
20192.40+£89k
20182.15+£14k
20172.12

Derived from filed accounts. Not audited figures.