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London Electronics Limited

02722503

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

17 THORNCOTE GREEN, SANDY, SG19 1PU
Incorporated 12/06/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/05/2026

Due 12/06/2027

On track

Industry

26120
Manufacture of loaded electronic boards

Officers

Mr James Robert Lees

director · Since 16/05/1996

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Also on 3 other boards

Mrs Susan Jane Lees

director · Since 16/05/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Mrs Susan Jane Lees

secretary · Since 01/05/2025

Also on 5 other boards

Persons with Significant Control

Mr James Robert Lees

50–75% shares

British · United Kingdom · Age 88

17, Thorncote Green, Sandy, SG19 1PU

Notified 07/04/2017

Charges0 outstanding

charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 04/01/2002Registered 08/01/2002Satisfied 15/07/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 20/12/1999Registered 22/12/1999Satisfied 15/07/2014
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1998Registered 03/12/1998Satisfied 04/01/2002
charge
satisfied

MIDLAND BANK PLC

Created 02/08/1993Registered 03/08/1993Satisfied 23/12/1999

CompanyRankvs 30+ SIC 26120 peers
84

Financial strength82th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.02× · 20/20
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 strength21/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£541k

Balance sheet strength

Cash

£289k

Cash in the bank

Net Current Assets

£455k

Working capital

Current Assets

£568k

Current Liabilities

£113k

Fixed Assets

£86k

Debtors

£114k

13avg. employees-6

Tax at Year End(2023)

Corp tax£21k

Balance Sheet

Assets less current liabilities£541k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.02-£129k
20234.83+£69k
20223.34+£34k
20213.67+£37k
20203.08-£60k£810k
20192.81+£29k
20181.81+£26k
20172.00

Derived from filed accounts. Not audited figures.