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Electramech Uk Ltd

02221045

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

53 THE MARKET, SUTTON, SM1 3HE
Incorporated 12/02/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Gerald Christopher Rice

director · Since 01/08/2006

CONTRACTOR

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mr Gerald Christopher Rice

75–100% shares

British · England · Age 73

53, The Market, Sutton, SM1 3HE

Notified 31/07/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 12/12/2006Registered 14/12/2006Satisfied 15/03/2020

CompanyRankvs 34895+ SIC 43210 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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 30/06/2024

Turnover

£18k

Annual revenue

Net Worth

-£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£7k

Current Liabilities

£39k

Profit After Tax

-£11k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£31k
Signed by 1.7.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19-£11k
20230.33+£6k
20220.12-£5k
20210.05-£3k
20200.47+£9k
20190.67-£19k
20180.83

Derived from filed accounts. Not audited figures.