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Dean Electrical Wholesale Ltd.

02692021

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

19 CHURCH STREET, ROSS-ON-WYE, HR9 5HN
Incorporated 28/02/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499

Officers

Mrs Marilyn Anne Boseley

secretary · Since 28/02/1992

BRITISH · ENGLAND · Age 75

Also on 17 other boards

Mr Dennis Brian Boseley

director · Since 28/02/1992

ELECTRICAL WHOLESALER

BRITISH · UNITED KINGDOM · Age 76

Also on 10 other boards

Mrs Marilyn Anne Boseley

director · Since 28/02/1992

ELECTRICAL WHOLESALER

BRITISH · ENGLAND · Age 75

Also on 17 other boards

Persons with Significant Control

Mr Dennis Brian Boseley

25–50% shares
25–50% votes

British · United Kingdom · Age 76

19, Church Street, Ross-On-Wye, HR9 5HN

Notified 28/02/2017

Mrs Marilyn Anne Boseley

25–50% shares
25–50% votes

British · England · Age 75

19, Church Street, Ross-On-Wye, HR9 5HN

Notified 10/03/2025

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/03/2024Registered 14/03/2024
charge
satisfied

HSBC BANK PLC

Created 14/07/2011Registered 15/07/2011Satisfied 10/03/2026
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 16/03/2011Registered 18/03/2011
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 16/03/2011Registered 18/03/2011
charge
outstanding

HSBC BANK PLC

Created 28/02/2011Registered 01/03/2011
charge
outstanding

LLOYDS BANK PLC

Created 19/03/1992Registered 27/03/1992

CompanyRankvs 303+ SIC 46499 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 28/02/2025

Turnover

£15.4M

Annual revenue

Net Worth

£4.3M

Balance sheet strength

Cash

£20k

Cash in the bank

Profit Before Tax

£853

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£11.2M

Current Liabilities

£7.9M

Fixed Assets

£1.1M

Debtors

£6.6M

Cost of Sales

£13.9M

Gross Profit

£1.4M

Admin Expenses

£1.2M

Operating Profit

£288k

Profit After Tax

-£5k

22avg. employees

Tax at Year End

Corp tax£67k
Dividends paid-£20k

People Costs

Wages & salaries£557k
NI contributions£45k

Balance Sheet

Interest payable£293k
Assets less current liabilities£4.4M
Signed by Mr Dennis Boseley 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.42-£25k
20241.51+£692k
20231.50

Derived from filed accounts. Not audited figures.