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Corlett Electrical Engineering Company (1981) Limited

01561012

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

208 GIDLOW LANE, LANCASHIRE, WN6 7BN
Incorporated 13/05/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Gary Freeman

director · Since 06/04/1998

ACCOUNTANT

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mr Gary Freeman

secretary · Since 10/02/2006

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mr Andrew Speakman

director · Since 17/02/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Former PSCs

Mr Gary Freeman

Ceased 12/07/2023

Mr Andrew Speakman

Ceased 12/07/2023

Charges1 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 01/12/2000Registered 16/12/2000Satisfied 04/08/2025
charge
outstanding

BARCLAYS BANK PLC

Created 21/08/1992Registered 27/08/1992
charge
satisfied

YORKSHIRE BUILDING SOCIETY

Created 22/12/1989Registered 29/12/1989Satisfied 16/12/2000

CompanyRankvs 299+ SIC 43210 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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299Corlett Electrical Engineering Company (1981) Limited
89
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.

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 31/03/2025

Net Worth

£412k

Balance sheet strength

Cash

£201k

Cash in the bank

Net Current Assets

£330k

Working capital

Current Assets

£529k

Current Liabilities

£199k

Fixed Assets

£82k

Debtors

£191k

18avg. employees-1
Signed by 01561012 2024-04-01 2025-03-31 01561012 2025-03-31 01561012 bus:OrdinaryShareClass1 2025-03-31 01561012 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.66+£633
20242.20+£1k
20231.70+£127k
20221.48+£9k
20211.76+£5k
20201.91+£795
20191.71—

Derived from filed accounts. Not audited figures.