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Cricklewood Electronics Limited

01586193

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

40 CRICKLEWOOD BROADWAY, LONDON, NW2 3ET
Incorporated 16/09/1981

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Sydney Ernest Wedeles

secretary · Since 31/12/1992

ENGLISH · ENGLAND · Age 86

Also on 3 other boards

Mr Sydney Ernest Wedeles

director · Since 31/12/1992

SHOP MANAGER

ENGLISH · ENGLAND · Age 86

Also on 3 other boards

Christopher Grocott

director · Since 04/07/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Christopher Martin Grocott

25–50% shares

English · England · Age 49

40, Cricklewood Broadway, London, NW2 3ET

Notified 06/04/2016

Mr Sydney Ernest Wedeles

25–50% shares

English · England · Age 86

40, Cricklewood Broadway, London, NW2 3ET

Notified 06/04/2016

CompanyRankvs 523+ SIC 47430 peers
51

Financial strength6th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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523Cricklewood Electronics Limited
47
How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

-£54k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£125k

Current Liabilities

£182k

Fixed Assets

£3k

Debtors

£117k

5avg. employees-1

Tax at Year End

Corp tax£6k

Director Loans(2019)

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£54k
Signed by Mr Christopher Grocott 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69-£19k
20240.78-£30k
20230.94-£34k
20221.21-£23k
20211.70-£18k
20201.77+£2k
20191.72+£57k
20171.06—

Derived from filed accounts. Not audited figures.