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Nortec Electrical Services Limited

02969312

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

17 THE MEADOWS, CHORLEY, PR7 5NR
Incorporated 19/09/1994

Compliance

Last accounts

31/05/2023

total exemption full

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 15/10/2024

Due 29/10/2025

Overdue

Industry

43210
Electrical installation

Officers

Mr Daniel James Green

director · Since 19/10/2018

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Daniel James Green

75–100% shares

British · England · Age 47

1st Floor, Fairclough House, Church Street, Chorley, PR7 4EX

Notified 01/08/2022

Former PSCs

Mr Keith Richard Green

Ceased 01/08/2022

Insolvency History1 case

creditors voluntary liquidation30/04/2026

Jasmine Baxter (practitioner) · Rikki Burton (practitioner)

CompanyRankvs 4730+ SIC 43210 peers
69

Financial strength76th percentile among SIC peers · 19/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2023

Net Worth

£41k

Balance sheet strength

Cash

£60

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£90k

Current Liabilities

£54k

Fixed Assets

£52k

Debtors

£58k

6avg. employees

Balance Sheet

Assets less current liabilities£88k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.67

Derived from filed accounts. Not audited figures.