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Astute Electronics Limited

02326213

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

ASTUTE HOUSE RUTHERFORD CLOSE, STEVENAGE, SG1 2EF
Incorporated 07/12/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Geoffrey Ian Hill

director · Since 25/05/1991

SALES CONSULTANT

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Mr Geoffrey Ian Hill

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

British · England · Age 62

Astute House Rutherford Close, Meadway Technology Park, Stevenage, SG1 2EF

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 06/03/2024Registered 07/03/2024
Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 14/12/2016Registered 15/12/2016Satisfied 10/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/03/2016Registered 31/03/2016
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 25/09/2014Registered 01/10/2014Satisfied 10/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/01/2011Registered 28/01/2011Satisfied 10/05/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 29/10/2002Registered 01/11/2002Satisfied 10/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/06/2002Registered 20/06/2002Satisfied 10/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/05/2001Registered 18/05/2001Satisfied 10/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1995Registered 27/04/1995Satisfied 10/05/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/11/1991Registered 27/11/1991

CompanyRankvs 14+ SIC 46520 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/12/2024

Turnover

£129.0M

Annual revenue

Net Worth

£64.6M

Balance sheet strength

Cash

£22.4M

Cash in the bank

Profit Before Tax

£4.9M

Bottom line earnings

Net Current Assets

£60.2M

Working capital

Current Assets

£75.0M

Current Liabilities

£14.8M

Fixed Assets

£7.4M

Debtors

£27.3M

Cost of Sales

£92.9M

Gross Profit

£36.1M

Admin Expenses

£32.4M

Operating Profit

£4.1M

Profit After Tax

£2.5M

374avg. employees

Tax at Year End

Dividends paid-£2.2M

People Costs

Wages & salaries£18.9M
NI contributions£2.2M

Balance Sheet

Intangible assets£616k
Bank loans & overdrafts£2.5M
Assets less current liabilities£67.6M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20245.08

Derived from filed accounts. Not audited figures.