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Bridgwater Electronics Limited

03808342

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 9 WESTMANS INDUSTRIAL ESTATE, BURNHAM-ON-SEA, TA8 1EY
Incorporated 16/07/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Colin Thomas Palmer

secretary · Since 16/07/1999

ELECTRONICS ENGINEER

BRITISH · ENGLAND · Age 69

Also on 9 other boards

Mr Colin Thomas Palmer

director · Since 16/07/1999

ELECTRONICS ENGINEER

BRITISH · ENGLAND · Age 69

Also on 9 other boards

Gareth Pritchard

director · Since 20/06/2006

ENGINEER

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Colin Thomas Palmer

75–100% shares
75–100% votes
Appoint directors

British · England · Age 69

Graycot, Withy Road, Highbridge, TA9 3NW

Notified 06/04/2016

Gareth Pritchard

25–50% shares

Unit 9, Westmans Industrial Estate, Burnham-On-Sea, TA8 1EY

Notified 10/03/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 23/10/1999Registered 28/10/1999

CompanyRankvs 479+ SIC 27900 peers
75

Financial strength67th percentile among SIC peers · 17/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.11× · 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 strength17/25 pts

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

Employees8/15 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 30/06/2025

Net Worth

£119k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£174k

Current Liabilities

£56k

2avg. employees

Balance Sheet

Assets less current liabilities£121k
Signed by 03808342 2024-07-01 2025-06-30 03808342 2025-06-30 03808342 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.11+£25k
20243.13+£25k
20232.37+£38k
20221.49+£15k
20211.21+£14k
20200.99+£4k
20190.93

Derived from filed accounts. Not audited figures.