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Electro Gear Limited

02182117

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 4 PARK FARM KELVEDON ROAD, COLCHESTER, CO5 9SH
Incorporated 22/10/1987

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

43999
Specialised construction activities
47789
Other retail sale of new goods in specialised stores

Officers

Mr Iain Christopher Thatcher

director · Since 24/06/2016

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Itech Services & Repairs Limited

75–100% shares

Unit 4 Park Farm, Kelvedon Road, Colchester, CO5 9SH

Reg: 9476321 · England & Wales · Limited Company

Notified 24/06/2016

Mr Iain Christopher Thatcher

Significant control

British · United Kingdom · Age 61

Unit 4 Park Farm, Kelvedon Road, Colchester, CO5 9SH

Notified 24/06/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 17/10/2016Registered 17/10/2016

CompanyRankvs 6068+ SIC 43999 peers
64

Financial strength79th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.39× · 12/20
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 strength20/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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 31/12/2025

Net Worth

£69k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£234k

Current Liabilities

£169k

Fixed Assets

£4k

Debtors

£75k

3avg. employees

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£69k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39-£11k
20241.63-£394
20231.75+£3k
20222.29-£40k
20213.17-£11k
20203.53-£4k
20193.40+£3k
20185.29-£9k
20172.19

Derived from filed accounts. Not audited figures.