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Electrical Testing Limited

02476049

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

THE BRIDGE, NORWICH, NR13 3AT
Incorporated 01/03/1990

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

71200
Technical testing and analysis

Officers

Mr Simon Alan Hobbs

director · Since 24/05/1994

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr James Neilson Hill

director · Since 06/04/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mrs Mariea Hobbs

secretary · Since 18/01/2016

Mr Benjamin John Humphrys

director · Since 01/10/2017

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 46

Mr James Barker

director · Since 11/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Alan James Hobbs

25–50% shares
25–50% votes

British · England · Age 92

Bridge Farm, Acle Bridge, Norwich, NR13 3AT

Notified 06/04/2016

Mr Simon Alan Hobbs

25–50% shares
25–50% votes

British · England · Age 53

The Bridge, Old Road, Norwich, NR13 3AT

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 27/09/2012Registered 02/10/2012Satisfied 02/11/2012
charge
satisfied

BARCLAYS BANK PLC

Created 12/04/1999Registered 23/04/1999Satisfied 25/11/2024

CompanyRankvs 11+ SIC 71200 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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

Key FinancialsYear ending 31/12/2024

Turnover

£13.7M

Annual revenue

Net Worth

£7.3M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£6.1M

Working capital

Current Assets

£7.1M

Current Liabilities

£1.0M

Fixed Assets

£1.3M

Debtors

£2.2M

Cost of Sales

£7.2M

Gross Profit

£6.5M

Admin Expenses

£4.9M

Operating Profit

£1.6M

Profit After Tax

£1.3M

42avg. employees-3

Tax at Year End

Corp tax£346k
Dividends paid£440k

People Costs

Wages & salaries£2.2M
NI contributions£71k

Balance Sheet

Assets less current liabilities£7.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.82+£877k
20236.22+£235k
20224.73+£932k
20214.85+£632k
20203.63+£1.3M
20193.08+£304k
20183.09+£326k
20172.97

Derived from filed accounts. Not audited figures.