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Oak Electrical Limited

03125754

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

WERNER COURT, CASTLEFORD, WF10 4TN
Incorporated 14/11/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ivan Kavanagh

director · Since 16/02/1996

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Andrew Paul Cook

secretary · Since 01/04/2000

ELECTRICIAN

BRITISH · ENGLAND · Age 60

Also on 21 other boards

Mr Andrew Paul Cook

director · Since 01/04/2000

ELECTRICIAN

BRITISH · ENGLAND · Age 60

Also on 21 other boards

Mr Brandon Vaughn Pashley

director · Since 06/10/2008

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Richard David Jackson

director · Since 22/08/2022

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Andrew Paul Cook

25–50% shares
25–50% votes

British · England · Age 60

Cygnet House, Lakeside Gardens, Knottingley, WF11 9NF

Notified 06/04/2016

Mr Ivan Kavanagh

25–50% shares
25–50% votes

British · England · Age 58

Werner Court, Castleford, WF10 4TN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

YORKSHIRE BANK PLC

Created 01/03/2002Registered 05/03/2002Satisfied 27/01/2016
charge
satisfied

YORKSHIRE BANK PLC

Created 18/04/1996Registered 23/04/1996Satisfied 27/01/2016

CompanyRankvs 94+ SIC 43210 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/01/2025

Turnover

£20.6M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£5.1M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£3.7M

Working capital

Current Assets

£7.2M

Current Liabilities

£3.5M

Fixed Assets

£686k

Debtors

£2.1M

Cost of Sales

£15.5M

Gross Profit

£5.1M

Admin Expenses

£3.2M

Operating Profit

£1.9M

Profit After Tax

£1.4M

35avg. employees-4

Tax at Year End

Corp tax£468k
Dividends paid£1.0M

People Costs

Wages & salaries£2.4M
NI contributions£402k

Balance Sheet

Assets less current liabilities£4.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05+£411k
20241.97+£720k
20232.47+£208k
20222.55+£285k
20212.90+£185k
20202.32+£389k
20192.89

Derived from filed accounts. Not audited figures.