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Cascade Electrolite Limited

02560859

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

GORSE MILL, CHADDERTON, OL9 9RJ
Incorporated 21/11/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27510
Manufacture of electric domestic appliances
46410
Wholesale of textiles
46439
46439

Officers

Mr Irvin Arran Abrahams

director · Since 21/11/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 23 other boards

Persons with Significant Control

Mr Irvin Arran Abrahams

25–50% shares
25–50% votes

British · England · Age 78

Gorse Mill, Chadderton, OL9 9RJ

Notified 06/04/2016

Mr Malcolm David Stark

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

British · Spain · Age 79

C/O Jon Richard, Tilson Road, Manchester, M23 9GF

Notified 06/04/2016

Former PSCs

Mr Alfred Tojarieh

Ceased 26/07/2021

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 30/10/2000Registered 02/11/2000
charge
outstanding

MIDLAND BANK PLC

Created 15/03/1996Registered 22/03/1996
charge
outstanding

MIDLAND BANK PLC

Created 15/03/1996Registered 22/03/1996
charge
outstanding

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED

Created 25/03/1992Registered 06/04/1992
charge
satisfied

MIDLAND BANK PLC

Created 26/07/1991Registered 30/07/1991Satisfied 02/02/1994

CompanyRankvs 169+ SIC 27510 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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169Cascade Electrolite Limited
39
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.

Employees7/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£2.3M

Balance sheet strength

Cash

£154k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£203k

Current Liabilities

£2.4M

Debtors

£49k

0avg. employees

Balance Sheet

Assets less current liabilities-£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£14k
2024—-£64k
2023—-£20k
2022—-£34k
2021—-£101k
2020—-£92k

Derived from filed accounts. Not audited figures.