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Eastern Electronics (Marine) Limited

03915172

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

3 EATON PLACE, IPSWICH, IP5 1BD
Incorporated 28/01/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mark Neil Wylie

director · Since 28/01/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Mark Wylie

75–100% shares
Appoint directors

English · United Kingdom · Age 60

3, Eaton Place, Rushmere St Andrew, Ipswich, IP5 1BD

Notified 06/04/2016

CompanyRankvs 11030+ SIC 71122 peers
54

Financial strength51th percentile among SIC peers · 13/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength13/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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

£3k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£33k

Current Liabilities

£48k

Fixed Assets

£23k

Debtors

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£5k
20231.01-£5k
20221.05
20210.72

Derived from filed accounts. Not audited figures.