Back to search

Laser Electrical Services Limited

03510913

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

CHELMSFORD BUSINESS PARK, CHELMSFORD, CM2 5LB
Incorporated 16/02/1998

Compliance

Last accounts

31/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/02/2026

Due 02/03/2027

On track

Industry

43210
Electrical installation

Officers

Mr Steve Baker

director · Since 09/10/2001

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mr Justin John Chambers

director · Since 09/10/2001

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Mark Butcher

director · Since 01/02/2007

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Jonathan Robert Mcfarlane

director · Since 01/07/2016

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr James Piddington

director · Since 01/07/2016

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 39

Mr Jonathan Neil Taylor

director · Since 18/05/2020

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Jonathan Neil Taylor

secretary · Since 09/06/2020

Also on 2 other boards

Mr James Draper

director · Since 03/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Simon Antrobus

director · Since 03/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Laser Electrical Services Eot Limited As Trustee Of The Laser Electrical Services Employee Ownership Trust

ownership-of-shares-75-to-100-percent-as-trust

11, Springfield Lyons Approach, Chelmsford, CM2 5LB

Notified 18/06/2019

Former PSCs

Mr Steve Baker

Ceased 18/06/2019

Charges3 outstanding

Charge
outstanding

STEVEN BAKER AS SECURITY TRUSTEE

Created 18/06/2019Registered 27/06/2019
Charge
outstanding

STEVEN BAKER · MARK BUTCHER · JUSTIN CHAMBERS · DEREK FISHER · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 18/06/2019Registered 27/06/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/06/2019Registered 06/06/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/08/2014Registered 14/08/2014Satisfied 19/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/04/2009Registered 29/04/2009Satisfied 18/07/2016

CompanyRankvs 111+ SIC 43210 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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

Outstanding charges: -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 31/10/2024

Turnover

£28.4M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£5.1M

Working capital

Current Assets

£9.4M

Current Liabilities

£4.3M

Fixed Assets

£384k

Debtors

£5.1M

Cost of Sales

£23.1M

Gross Profit

£5.3M

Admin Expenses

£3.5M

Profit After Tax

£1.5M

77avg. employees

Tax at Year End

Corp tax£227k

People Costs

Wages & salaries£4.4M
NI contributions£217k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.20+£1.2M
20231.79+£659k
20221.88

Derived from filed accounts. Not audited figures.