Uep Switchgear Limited
02271364
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/04/2021
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 4 other boards
director · Since 29/04/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
director · Since 29/04/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 3 other boards
Persons with Significant Control
Uep Holdings Limited
5, Yeomans Court, Hertford, SG13 7HJ
Reg: 13337484 · Companies House England And Wales · Private Company Limited By Shares
Notified 29/04/2021
Former PSCs
Mr Laurence Hilary Smith
Ceased 02/03/2021
Mr David Alfred Hill
Ceased 02/03/2021
Underwoods Electrical Distributors Ltd
Ceased 02/03/2021
Underwoods Group Ltd
Ceased 21/06/2021
Underwoods Group Limited
Ceased 02/03/2021
Charges2 outstanding
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CompanyRankvs 208+ SIC 27120 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that may cast significant doubt about the ability of the company to continue as a going concern true . 1.3 Turnover The company turnover is all generated in the United Kingdom and derives from the same class of business, namely the assembly and sale of Low Voltage Switchgear. As a result
Key FinancialsYear ending 30/04/2025
Net Worth
£2
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£4.2M
Current Liabilities
£2.9M
Fixed Assets
£14k
Debtors
£1.6M
Profit After Tax
£178k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.46 | — |
| 2024 | 1.45 | +£170k |
| 2023 | 1.41 | +£52k |
| 2022 | 1.67 | +£306k |
| 2021 | 1.58 | — |
Derived from filed accounts. Not audited figures.