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Otford Electrical Limited

03653455

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

9 PARK HILL ROAD, SEVENOAKS, TN14 5QH
Incorporated 21/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Stephen Norris

director · Since 21/10/1998

ELECTRICIAN

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Stephen Norris

Significant control

British · England · Age 64

9, Park Hill Road, Sevenoaks, TN14 5QH

Notified 06/04/2016

CompanyRankvs 4680+ SIC 43210 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 61.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees1/15 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£533k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£417k

Working capital

Current Assets

£424k

Current Liabilities

£7k

Fixed Assets

£117k

0avg. employees-2

Balance Sheet

Assets less current liabilities£534k
Prepared with BTCSoftware AP Solution 2024 11.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
202361.74-£21k
202216.29

Derived from filed accounts. Not audited figures.