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Addicott Electrics Limited

02164309

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

GROUND FLOOR KEBLE HOUSE, EXETER, EX1 1NT
Incorporated 15/09/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment
28990
Manufacture of other special-purpose machinery
33200
Installation of industrial machinery and equipment
71200
Technical testing and analysis

Officers

James Charles Addicott

director · Since 05/02/1996

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Matthew Addicott

director · Since 11/10/2002

WORKS DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Richard Codd

director · Since 01/01/2003

SALES ENGINEER

BRITISH · ENGLAND · Age 61

Mrs Heather Christine Addicott

director · Since 04/02/2019

ADMINISTRATOR

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Persons with Significant Control

Mr James Charles Addicott

50–75% shares

British · England · Age 54

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 06/04/2016

Mr Matthew Addicott

25–50% shares

British · England · Age 51

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 15/11/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/07/2006Registered 20/07/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/06/2006Registered 22/06/2006
charge
satisfied

BARCLAYS BANK PLC

Created 01/07/1998Registered 08/07/1998Satisfied 09/02/2011
charge
satisfied

BARCLAYS BANK PLC

Created 01/05/1998Registered 14/05/1998Satisfied 09/02/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/04/1997Registered 10/04/1997Satisfied 03/06/1998
charge
satisfied

GENERAL GUARANTEE CORPORATION LIMITED

Created 01/11/1996Registered 08/11/1996Satisfied 09/03/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/12/1989Registered 20/01/1989Satisfied 24/07/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/11/1987Registered 25/11/1987Satisfied 03/06/1998

CompanyRankvs 358+ SIC 27900 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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 30/09/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£856k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.4M

Fixed Assets

£702k

Debtors

£2.2M

28avg. employees-1

Tax at Year End

Corp tax£13k

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.61-£40k
20241.73-£89k
20231.98+£85k
20221.86+£170k
20211.75+£127k
20201.58+£144k
20191.63+£1k
20181.51

Derived from filed accounts. Not audited figures.