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Crossfold Electrical Wholesalers Limited

01633743

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNITS 11 & 12 PROSPECT BUSINESS PARK, LOUGHTON, IG10 3TR
Incorporated 07/05/1982

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/02/2026

Due 03/03/2027

On track

Industry

46439
46439

Officers

Lloyd Barry Silver

secretary · Since 04/09/1991

BRITISH · ENGLAND · Age 70

Mr Lloyd Barry Silver

director · Since 04/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 70

Mr Shaun Antony Silver

director · Since 04/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Daniel Aaron Silver

director · Since 01/01/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Shaun Antony Silver

Significant control

British · England · Age 62

Holmwood, Stapleford Road, Romford, RM4 1EJ

Notified 06/04/2016

Mr Lloyd Barry Silver

Significant control

British · England · Age 70

59, Coxtie Green Road, Brentwood, CM14 5PS

Notified 06/04/2016

Mr Daniel Aaron Silver

Significant control

British · England · Age 35

Units 11 & 12, Prospect Business Park, Loughton, IG10 3TR

Notified 01/01/2022

Former PSCs

Mr Ashley Silver

Ceased 09/07/2020

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/07/2020Registered 06/07/2020Satisfied 23/09/2022
charge
satisfied

BARCLAYS BANK PLC

Created 02/07/1985Registered 15/07/1985Satisfied 02/12/2010

CompanyRankvs 105+ SIC 46439 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2022

Turnover

£18.2M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£967k

Cash in the bank

Profit Before Tax

£2.4M

Bottom line earnings

Net Current Assets

£3.6M

Working capital

Current Assets

£7.1M

Current Liabilities

£3.4M

Fixed Assets

£1.2M

Debtors

£4.6M

Cost of Sales

£13.9M

Gross Profit

£4.3M

Admin Expenses

£2.0M

Operating Profit

£2.4M

Profit After Tax

£1.9M

30avg. employees+3

Tax at Year End

Corp tax£463k
Dividends paid£900k

People Costs

Wages & salaries£1.2M
NI contributions£115k

Balance Sheet

Assets less current liabilities£4.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20222.06+£2.0M
20211.93+£547k
20202.09-£48k
20192.67-£154k
20183.20

Derived from filed accounts. Not audited figures.