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Ormrod Electric Limited

01402388

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

173/175 CHISWICK HIGH ROAD, LONDON, W4 2DR
Incorporated 28/11/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
46760
Wholesale of other intermediate products

Officers

Mr Michael Peter John Ormrod

director · Since 15/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Mr Harminder Singh Bansal

director · Since 01/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Michael Peter John Ormrod

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

British · England · Age 79

173/175, Chiswick High Road, London, W4 2DR

Notified 16/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/02/2011Registered 17/02/2011
charge
satisfied

AIB GROUP (UK) PLC

Created 01/12/2005Registered 02/12/2005Satisfied 11/02/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/03/1989Registered 04/04/1989Satisfied 12/05/2010
charge
satisfied

MIDLAND BANK PLC

Created 21/02/1983Registered 25/02/1983Satisfied 12/05/1989

CompanyRankvs 614+ SIC 46499 peers
67

Financial strength82th percentile among SIC peers · 21/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.68× · 16/20
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 strength21/25 pts

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

Employees10/15 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

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

£95k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£187k

Current Liabilities

£111k

Fixed Assets

£35k

2avg. employees

Balance Sheet

Assets less current liabilities£110k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.68-£6k
20231.77+£2k
20221.64+£28k
20211.84—

Derived from filed accounts. Not audited figures.