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Essex Electrical Contractors Limited

02910385

active
Private Limited Company
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

ESSEX HOUSE, 10 LORDS COURT, BASILDON, SS13 1SS
Incorporated 18/03/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation

Officers

Mr Christopher Garry Finch

director · Since 04/05/1994

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Dean Louis Milton

director · Since 01/09/2001

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Dean Louis Milton

secretary · Since 13/11/2006

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Dean Louis Milton

25–50% shares

British · England · Age 55

Essex House, 10 Lords Court, Basildon, SS13 1SS

Notified 06/04/2016

Mr Christopher Garry Finch

25–50% shares

British · England · Age 62

Essex House, 10 Lords Court, Basildon, SS13 1SS

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BANK OF SCOTLAND PLC

Created 18/01/2008Registered 24/01/2008
charge
outstanding

BANK OF SCOTLAND PLC

Created 17/12/2007Registered 21/12/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/04/2006Registered 21/04/2006Satisfied 23/01/2008
charge
satisfied

EARNSHAW PROPERTIES LIMITED

Created 30/03/2001Registered 03/04/2001Satisfied 07/09/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/10/1995Registered 20/10/1995Satisfied 23/01/2008

CompanyRankvs 327+ SIC 43210 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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327Essex Electrical Contractors Limited
89
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.

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 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£268k

Fixed Assets

£275k

Debtors

£150k

7avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20254.92+£24k
20242.29+£191k
20234.38+£202k
20222.62+£107k
20211.71-£6k
20201.49+£152k
20191.37—

Derived from filed accounts. Not audited figures.