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Ian Brown Electrical Engineers Limited

04039336

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

BLAZEGATE, SPALDING, PE12 0AD
Incorporated 24/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ian Patrick Brown

director · Since 24/07/2000

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 63

Helen Brown

director · Since 06/04/2017

NONE

BRITISH · UNITED KINGDOM · Age 63

Jenna Parnell

secretary · Since 17/09/2025

Persons with Significant Control

Mr Ian Brown

50–75% shares
50–75% votes
Appoint directors

British · England · Age 63

Lowgate Farm, Lowgate, Spalding, PE12 8LN

Notified 24/07/2016

Mrs Helen Brown

25–50% shares
25–50% votes
Appoint directors

British · England · Age 63

Lowgate Farm, Lowgate, Spalding, PE12 8LN

Notified 24/07/2016

CompanyRankvs 7934+ SIC 43210 peers
73

Financial strength90th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 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 strength23/25 pts

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

Employees14/15 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 31/07/2024

Net Worth

£170k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£128k

Current Liabilities

£136k

Fixed Assets

£189k

Debtors

£52k

6avg. employees-2

Balance Sheet

Assets less current liabilities£181k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£46k
20231.76-£42k
20221.39-£8k
20211.53

Derived from filed accounts. Not audited figures.