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Europa Electrical Limited

02473116

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 2 RIVERSIDE PARK EAST SERVICE ROAD, DERBY, DE21 7RW
Incorporated 22/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Stefan Lander

director · Since 11/05/2006

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 51

Mr Ian Kevin Young

director · Since 11/05/2006

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Craig Thomas Patchett

director · Since 10/11/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Ian Kevin Young

secretary · Since 02/03/2015

Also on 2 other boards

Mr Joe Michael Gent

director · Since 01/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Charges3 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 04/02/2011Registered 08/02/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/05/2008Registered 29/05/2008
charge
outstanding

BARCLAYS BANK PLC

Created 31/05/2006Registered 07/06/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/06/1990Registered 12/06/1990Satisfied 29/05/2008

CompanyRankvs 2228+ SIC 43210 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/10/2024

Net Worth

£574k

Balance sheet strength

Cash

£538k

Cash in the bank

Net Current Assets

£446k

Working capital

Current Assets

£1.2M

Current Liabilities

£784k

Fixed Assets

£240k

Debtors

£423k

18avg. employees-1

Balance Sheet

Assets less current liabilities£686k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.57+£334k
20231.16-£21k
20221.29+£23k
20211.22+£3k
20201.26-£50k
20191.28

Derived from filed accounts. Not audited figures.