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Atlantic Electronics Limited

01397862

active
Private Limited Company
england wales
Companies House
Health Score
87 / 100

Healthy

25/30
Filing
30/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

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 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
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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

Derived from filed accounts. Not audited figures.