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Express Circuits Limited

02465772

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

PROSPECT HOUSE 1 PROSPECT PLACE, DERBY, DE24 8HG
Incorporated 01/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Steven John Sylvester

director · Since 01/02/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Mr Philip Plant

director · Since 16/08/2010

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Persons with Significant Control

Plasyl Limited

75–100% shares
75–100% votes

Ventura House, Ventura Park Road, Tamworth, B78 3HL

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

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charge
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CompanyRankvs 15+ SIC 26110 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.74× · 6/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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 31/05/2023

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

72avg. employees+5

Tax at Year End(2020)

Corp tax£0

Balance Sheet

Assets less current liabilities£424k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.74-£150k
20220.82-£224k
20211.00-£524k
20201.35-£310k
20191.42-£129k
20181.86-£13k
20171.92—

Derived from filed accounts. Not audited figures.