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Algo Instruments Limited

04091521

active
Private Limited Company
england wales
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

OFFICE 19 MANOR OFFICES, HOLSWORTHY, EX22 6DJ
Incorporated 17/10/2000

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

35140
Trade of electricity

Officers

Nigel Paul Godfrey

secretary · Since 17/10/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Michael Alan Godfrey

director · Since 17/10/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 4 other boards

Nigel Paul Godfrey

director · Since 17/10/2000

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Ross Godfrey

25–50% shares
25–50% votes

British · England · Age 28

Office 19, Manor Offices, Holsworthy, EX22 6DJ

Notified 20/07/2023

Mr Nigel Paul Godfrey

25–50% shares
25–50% votes

British · England · Age 60

Office 19, Manor Offices, Holsworthy, EX22 6DJ

Notified 06/05/2026

Former PSCs

Mr Nigel Paul Godfrey

Ceased 06/05/2026

Mrs Linda Godfrey

Ceased 20/07/2023

Mr Nigel Paul Godfrey

Ceased 08/12/2025

CompanyRankvs 21+ SIC 35140 peers
86

Financial strength87th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.48× · 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 strength22/25 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.

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 31/10/2024

Net Worth

£93k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£134k

Current Liabilities

£54k

Fixed Assets

£18k

Debtors

£64k

7avg. employees

Tax at Year End

Corp tax£11k
VAT£19k

Director Loans

Company owes directors£9k

Balance Sheet

Assets less current liabilities£98k
Signed by Mr Nigel Godfrey Mr Michael Godfrey 9 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.48+£13k£374k
20232.06+£24k£475k
20222.22+£5k
20211.93-£44k
20203.97-£28k
20193.42+£32k
20182.12

Derived from filed accounts. Not audited figures.