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Project Electronics Limited

02882082

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Project House, Slade Green Road, Erith, DA8 2HX
Incorporated 20/12/1993

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

74100
Specialised design activities

Officers

Meryck Lloyd Willeard

director · Since 20/12/1993

British · England · Age 76

Former

Chettleburgh International Limited

corporate nominee secretary · Resigned 20/12/1993

Graham Nicholas Willeard

secretary · Resigned 08/11/2003

Leslie Kenneth Willeard

secretary · Resigned 28/08/2008

Persons with Significant Control

Mr Meryck Lloyd Willeard

75–100% shares

British · England · Age 76

Project House, Project House, Erith, DA8 2HX

Notified 20/12/2016

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Project House
2026-06-09

PROJECT HOUSE

post townErith
2026-06-09

ERITH

officer appointedWILLEARD, Meryck Lloyd
2026-06-09

CompanyRankvs 4927+ SIC 74100 peers
74

Financial strength98th percentile among SIC peers · 25/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.87× · 6/20
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 strength25/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

£716k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£301k

Current Liabilities

£348k

Fixed Assets

£216k

Debtors

£284k

3avg. employees

Balance Sheet

Intangible assets£29k
Assets less current liabilities£169k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87+£0
20250.87+£0
20240.84+£0
20230.86+£0
20220.87+£0
20210.69+£0
20200.70+£0
20190.60+£0
20180.68

Derived from filed accounts. Not audited figures.