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Sprint Electric Limited

02160651

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PEREGRINE HOUSE FORD LANE, ARUNDEL, BN18 0DF
Incorporated 02/09/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Edwin John Prescott

director · Since 30/05/1992

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Mr Gary Keen

director · Since 02/03/2009

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Dr Mark David Gardiner

director · Since 05/06/2014

CONSULTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Sprintroom Limited

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

Peregrine House Ford Lane, Ford, Arundel, BN18 0DF

Reg: 08089194 · England And Wales · Private Company Limited By Shares

Notified 30/04/2016

Mr Edwin John Prescott

Significant control

British · England · Age 73

Appledram Barns, Birdham Road, Chichester, PO20 7EQ

Notified 24/04/2018

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 14/11/2012Registered 05/12/2012
charge
outstanding

BARCLAYS BANK PLC

Created 20/12/2010Registered 22/12/2010
charge
outstanding

BARCLAYS BANK PLC

Created 28/06/2007Registered 06/07/2007
charge
satisfied

BARCLAYS BANK PLC

Created 26/01/1988Registered 03/02/1988Satisfied 22/06/2006

CompanyRankvs 318+ SIC 26110 peers
62

Financial strength36th percentile among SIC peers · 9/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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318Sprint Electric Limited
72
How is this score calculated?
Financial strength9/25 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.

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 31/10/2024

Net Worth

£755

Balance sheet strength

Cash

£359k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£345k

Fixed Assets

£106k

Debtors

£1.3M

17avg. employees+3

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.73—
20236.62+£334k
20225.39+£172k
20215.74-£33k
20203.51—
20192.23—
20187.20—

Derived from filed accounts. Not audited figures.