Back to search

Highway Electronics Limited

02529214

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

7 ST PAULS ROAD, TQ12 2HP
Incorporated 09/08/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Darron Paul Parker-Redman

director · Since 31/08/1993

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Allison Parker-Redman

secretary · Since 25/03/2026

Persons with Significant Control

Mr Darron Paul Parker-Redman

25–50% shares

British · England · Age 59

Highway Electronics Ltd, Unit 2, Metherell Avenue, Brixham, TQ5 9QB

Notified 06/04/2016

Former PSCs

Mr Roger John Butler

Ceased 07/07/2023

Mrs Maralyn Butler

Ceased 31/12/2025

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 06/08/2017Registered 08/08/2017Satisfied 03/12/2025
charge
satisfied

BARCLAYS BANK PLC

Created 14/10/2003Registered 24/10/2003Satisfied 03/12/2025
charge
satisfied

BARCLAYS BANK PLC

Created 09/06/1995Registered 29/06/1995Satisfied 03/12/2025
charge
satisfied

LLOYDS BANK PLC

Created 29/04/1994Registered 10/05/1994Satisfied 13/07/1994

CompanyRankvs 1071+ SIC 62012 peers
85

Financial strength94th percentile among SIC peers · 24/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees11/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£429k

Balance sheet strength

Cash

£304k

Cash in the bank

Net Current Assets

£223k

Working capital

Current Assets

£350k

Current Liabilities

£127k

Fixed Assets

£207k

Debtors

£47k

2avg. employees-1

Tax at Year End(2021)

Corp tax£16k

Balance Sheet

Assets less current liabilities£431k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.76+£45k
20232.58-£18k
20222.37+£92k
20211.61+£67k
20201.38+£59k
20191.09

Derived from filed accounts. Not audited figures.