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Direct Electrical Supply (Tamworth) Limited

02689667

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SANDY WAY, TAMWORTH, B77 4DS
Incorporated 21/02/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439

Officers

Mr Mark James Connor

director · Since 21/02/1992

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 62

Ms Emma Louise Snowden

director · Since 11/10/2021

HEALTH AND SAFETY OFFICER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Mark James Connor

75–100% shares
75–100% votes

British · United Kingdom · Age 62

4, Willow Dale, Stone, ST15 0BE

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 07/08/1996Registered 13/08/1996

CompanyRankvs 37+ SIC 46439 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.12× · 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 strength24/25 pts

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

Employees13/15 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 28/02/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£821k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£258k

Fixed Assets

£1.7M

Debtors

£329k

10avg. employees+1

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.12+£207k
20244.79+£206k
20235.93+£2.3M
20223.66-£1.7M
20214.66+£144k
20203.74+£168k
20194.17+£1.4M
20174.17

Derived from filed accounts. Not audited figures.