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National Electrotechnical Training Organisation

03389705

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

LYGON HOUSE, BROMLEY, BR1 3RA
Incorporated 16/06/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85410
Post-secondary non-tertiary education
85600
Educational support services

Officers

Mr Richard Jeremy Clarke

director · Since 23/01/2004

TRADE UNION OFFICER

BRITISH · ENGLAND · Age 54

Alick John Smith

director · Since 28/10/2008

CONSULTANT

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Ms Carolyn Mason

secretary · Since 07/07/2016

Mr Michael Douglas Smith

director · Since 28/05/2019

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mr Nathan Richard Smith

director · Since 01/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Alan Wilson

director · Since 01/04/2024

DIRECTOR

SCOTTISH · SCOTLAND · Age 61

Also on 1 other board

Mr Jason Poulter

director · Since 01/04/2025

BRITISH · ENGLAND · Age 43

Also on 1 other board

CompanyRankvs 46+ SIC 85410 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 12.39× · 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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46National Electrotechnical Training Organisation
86
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.

Employees11/15 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

have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable 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 trustees with respect to going concer

Key FinancialsYear ending 31/03/2022

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£110k

Fixed Assets

£29k

Debtors

£59k

2avg. employees

People Costs

Wages & salaries£70k

Balance Sheet

Intangible assets£20k
Assets less current liabilities£1.3M
Interest receivable£112
Signed by N R SmithPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202212.39+£316k
201916.90—

Derived from filed accounts. Not audited figures.