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Sherwood Electronics Limited

02878570

active
Private Limited Company
england wales
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

UNITS 1 & 2 PARAGON WORKS, LONG EATON, NG10 3JW
Incorporated 08/12/1993

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Mr Kenneth Brennan

director · Since 08/12/1993

ELECTRONICS DISTRIBUTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 23 other boards

Mr Kenneth Brennan

secretary · Since 29/08/2006

ELECTRONICS DISTRIBUTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 23 other boards

Mr Giles Alexander Thomas Sutcliffe

director · Since 01/12/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Kenneth Brennan

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 66

Units 1 & 2 Paragon Works, Long Eaton, NG10 3JW

Notified 08/12/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 30/09/2022Registered 04/10/2022
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 04/10/2019Registered 08/10/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/06/2004Registered 01/07/2004Satisfied 29/09/2022
charge
satisfied

ALEX. LAWRIE RECEIVABLES FINANCING LIMITED

Created 15/12/1997Registered 18/12/1997Satisfied 01/10/2019

CompanyRankvs 23+ SIC 26200 peers
76

Financial strength85th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.51× · 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 strength21/25 pts

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

Employees15/15 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 31/05/2025

Net Worth

£911k

Balance sheet strength

Cash

£260k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£668k

Fixed Assets

£123k

Debtors

£855k

30avg. employees

Tax at Year End(2019)

Corp tax£21k
VAT£64k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr. Kenneth Brennan 23/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.51+£0—
20252.51-£34k—
20242.20+£7k—
20233.35+£8k—
20224.70+£165k—
20213.95+£63k—
20202.44+£228k—
20192.47+£132k£1.3M
20181.70—£867k

Derived from filed accounts. Not audited figures.