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Worfield Electrical Services Limited

02663051

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

CROSS LANE HOUSE, BRIDGNORTH, WV16 4SJ
Incorporated 14/11/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Clare Plain

secretary · Since 14/11/1991

SALES ADMINISTRATOR

BRITISH · Age 57

Mr Mark Charles Plain

director · Since 14/11/1991

ELECTRICAL ENGINEER

ENGLISH · ENGLAND · Age 61

Persons with Significant Control

Mr Mark Charles Plain

25–50% shares

English · England · Age 61

Cross Lane House, Bridgnorth, WV16 4SJ

Notified 06/04/2016

Mrs. Clare Plain

25–50% shares

British · United Kingdom · Age 57

Cross Lane House, Cross Lane Head, Bridgnorth, WV16 4SJ

Notified 31/03/2025

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 09/12/2005Registered 23/12/2005
charge
outstanding

BARCLAYS BANK PLC

Created 15/11/2005Registered 24/11/2005

CompanyRankvs 8617+ SIC 43210 peers
58

Financial strength38th percentile among SIC peers · 10/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 39.51× · 20/20
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 strength10/25 pts

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

Employees8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£1k

Balance sheet strength

Cash

£114k

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£117k

Current Liabilities

£3k

Fixed Assets

£58k

Debtors

£3k

2avg. employees

Tax at Year End(2021)

Corp tax£7k
Dividends paid£4k

Balance Sheet

Assets less current liabilities£172k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202539.51
202411.15
202329.94
20221.62
20211.12
20200.54
20190.53
20180.50

Derived from filed accounts. Not audited figures.