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Olver Electrical Contractors Limited

03828554

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UBIT 41-42 BEECHING PARK, CALLINGTON, PL17 8QS
Incorporated 19/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Andrew Danvers

director · Since 19/08/1999

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Philip John Coad Aca

secretary · Since 20/03/2008

ACCOUNTANT

BRITISH · Age 71

Also on 5 other boards

Persons with Significant Control

Mr Andrew Joseph Danvers

75–100% shares

British · England · Age 56

Ubit 41-42 Beeching Park, Callington, PL17 8QS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 27/03/2012Registered 30/03/2012

CompanyRankvs 1009+ SIC 43210 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£176k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£147k

Working capital

Current Assets

£189k

Current Liabilities

£42k

Fixed Assets

£30k

Debtors

£61k

5avg. employees-2

Balance Sheet

Assets less current liabilities£177k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.53-£19k
20246.51-£22k
20233.44+£55k
20222.10+£28k
20211.52

Derived from filed accounts. Not audited figures.