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Nailsea Electrical Limited

02906416

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

FLOOR 8, ASSEMBLY BUILDING C, BRISTOL, BS2 0JJ
Incorporated 09/03/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Peter Scott Gilks

director · Since 16/03/1994

DIRECTOR PROPOSED

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Benjamin Peter Gilks

director · Since 01/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 11 other boards

Persons with Significant Control

Mr Benjamin Peter Gilks

50–75% shares
50–75% votes

British · England · Age 41

Floor 8, Assembly Building C, Cheese Lane, Bristol, BS2 0JJ

Notified 06/04/2016

Mr Peter Scott Gilks

25–50% shares
25–50% votes

British · England · Age 65

Floor 8, Assembly Building C, Cheese Lane, Bristol, BS2 0JJ

Notified 06/04/2016

Gilks Holdings Ltd

75–100% shares
75–100% votes

Unit 3, Roman Farm Road, Bristol, BS4 1UN

Reg: 12456328 · Companies House · Limited Company

Notified 11/03/2020

Charges2 outstanding

Charge
outstanding

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BARCLAYS BANK PLC

Created 19/12/1994Registered 30/12/1994Satisfied 26/05/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/06/1994Registered 01/07/1994Satisfied 01/08/1995

CompanyRankvs 15+ SIC 47540 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.95× · 6/20
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 strength0/25 pts

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

Employees0/15 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.

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 30/04/2022

Net Worth

£587k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£136k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.6M

Fixed Assets

£1.4M

Debtors

£1.0M

44avg. employees+6

Tax at Year End

Corp tax£86k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20220.95-£119k
20210.86-£17k
20200.90-£78k
20190.94-£152k
20181.22—

Derived from filed accounts. Not audited figures.