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Savage & Sons (Electrical) Limited

01504318

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 PEGASUS MEWS, BIGGLESWADE, SG18 8QA
Incorporated 26/06/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr David John Savage

director · Since 03/08/1991

ELECTRICIAN

BRITISH · ENGLAND · Age 62

Julie Ann Savage

secretary · Since 29/02/2000

BRITISH · Age 62

Mrs Julie Ann Savage

director · Since 29/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Mr Michael David Green

director · Since 01/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr David John Savage

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

1 Pegasus Mews, Stratton Business Park, Biggleswade, SG18 8QA

Notified 06/04/2016

Mrs Julie Ann Savage

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 62

Brigham House, High Street, Biggleswade, SG18 0LD

Notified 24/07/2019

Mr Michael David Green

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 40

Brigham House, High Street, Biggleswade, SG18 0LD

Notified 19/07/2024

Charges2 outstanding

charge
satisfied

HSBC BANK PLC

Created 16/06/2003Registered 20/06/2003Satisfied 27/06/2005
charge
outstanding

MIDLAND BANK PLC

Created 26/01/1993Registered 27/01/1993
charge
outstanding

MIDLAND BANK PLC

Created 20/11/1980Registered 27/11/1980

CompanyRankvs 2195+ SIC 43210 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2195Savage & Sons (Electrical) Limited
81
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.

Employees15/15 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 31/08/2025

Net Worth

£700k

Balance sheet strength

Cash

£290k

Cash in the bank

Net Current Assets

£507k

Working capital

Current Assets

£1.2M

Current Liabilities

£688k

Fixed Assets

£219k

Debtors

£897k

17avg. employees-1

Tax at Year End(2019)

Corp tax£27k

Balance Sheet

Assets less current liabilities£726k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£27k
20241.72+£110k
20232.78+£30k
20222.30-£556
20212.26-£140k
20203.07-£127k
20193.00—

Derived from filed accounts. Not audited figures.