Back to search

Navarino Electric Systems Limited

03643676

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

6 HERMITAGE ROAD, WOKING, GU21 1TB
Incorporated 05/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities
74100
Specialised design activities

Officers

Hedvig Salanki

secretary · Since 14/10/1998

COMPANY SECRETARY

BRITISH

Mr Paul Anthony Morris

director · Since 14/10/1998

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Mr Paul Anthony Morris

25–50% shares

British · United Kingdom · Age 63

6 Hermitage Road, Woking, GU21 1TB

Notified 05/10/2016

Ms Hedvig Salanki

25–50% shares

British · United Kingdom · Age 59

6 Hermitage Road, Woking, GU21 1TB

Notified 05/10/2016

CompanyRankvs 197+ SIC 27110 peers
50

Financial strength31th percentile among SIC peers · 8/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£666

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£33k

Current Liabilities

£85k

Fixed Assets

£4k

Debtors

£32k

2avg. employees

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities-£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.38
20230.67
20221.08
20211.55
20201.22
20190.94
20180.82

Derived from filed accounts. Not audited figures.