Express Circuits Limited
02465772
Details
Compliance
Last accounts
31/05/2023
total exemption full
Next accounts due
28/02/2025
Confirmation statement
Last: 01/02/2024
Due 15/02/2025
Industry
Officers
director · Since 01/02/1994
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 3 other boards
Persons with Significant Control
Plasyl Limited
Ventura House, Ventura Park Road, Tamworth, B78 3HL
Notified 06/04/2016
Charges6 outstanding
HSBC UK BANK PLC
HSBC ASSET FINANCE (UK) LTD & HSBC EQUIPMENT FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
HSBC ASSET FINANCE (UK) LTD AND HSBC EQUIPMENT FINANCE (UK) LTD
HSBC BANK PLC
HSBC BANK PLC
Insolvency History1 case
Nicholas Charles Osborn Lee (practitioner) · Dean Anthony Nelson (practitioner) · Emily Louise Oliver (practitioner)
CompanyRankvs 15+ SIC 26110 peers16
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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
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2023
Net Worth
£289k
Balance sheet strength
Cash
£42k
Cash in the bank
Net Current Assets
-£305k
Working capital
Current Assets
£875k
Current Liabilities
£1.2M
Fixed Assets
£729k
Debtors
£326k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.74 |
Derived from filed accounts. Not audited figures.