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Avon Electrical Ltd

04110685

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9 FARRINGTON COURT, BURNLEY, BB11 5SS
Incorporated 20/11/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Nicholas Read

director · Since 23/12/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Nicholas Read

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

British · England · Age 41

9, Farrington Court, Burnley, BB11 5SS

Notified 06/04/2016

Former PSCs

Mr Gareth John Read

Ceased 01/08/2024

CompanyRankvs 35106+ SIC 43210 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength0/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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 31/12/2025

Net Worth

-£97k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£4k

Current Liabilities

£97k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£0
20250.04-£1k
20240.03-£107k
20230.90-£88k
20221.68+£18k
20211.68

Derived from filed accounts. Not audited figures.