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The Thames Electric Launch Company Limited

02630076

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

HIGH WINDS, GORING, RG8 0HS
Incorporated 17/07/1991

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/07/2025

Due 31/07/2026

On track

Industry

35110
Production of electricity

Officers

Mrs Linda Barrell

secretary · Since 17/07/1991

BRITISH · UNITED KINGDOM · Age 74

Also on 9 other boards

Mrs Linda Barrell

director · Since 17/07/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 9 other boards

Persons with Significant Control

Mrs Linda Barrell

25–50% shares
25–50% votes

British · United Kingdom · Age 74

High Winds, The Bridleway, Reading, RG8 0HS

Notified 06/04/2016

Former PSCs

Mr Emrhys George Barrell

Ceased 23/03/2026

CompanyRankvs 1890+ SIC 35110 peers
52

Financial strength15th percentile among SIC peers · 4/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£27k

Current Liabilities

£36k

2avg. employees

Balance Sheet

Total assets£27k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£18k
20241.21
20231.21

Derived from filed accounts. Not audited figures.