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East Finchley Electrical Contractors Limited

04156314

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

16 AYLMER PARADE, LONDON, N2 0PE
Incorporated 08/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Christos Loizou

secretary · Since 08/02/2001

ELECTRICIAN

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mr Constantine Loizou Ba(Hons)

director · Since 08/02/2001

MANAGER

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Constantine Loizou

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

British · England · Age 56

16, Aylmer Parade, London, N2 0PE

Notified 29/04/2024

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 21/12/2012Registered 22/12/2012
charge
outstanding

LLOYDS TSB BANK PLC

Created 28/09/2012Registered 29/09/2012
charge
satisfied

CYPRUS POPULAR BANK LTD

Created 26/06/2002Registered 05/07/2002Satisfied 15/09/2012
charge
satisfied

BARCLAYS BANK PLC

Created 05/03/2001Registered 12/03/2001Satisfied 17/09/2012

CompanyRankvs 102+ SIC 47540 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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102East Finchley Electrical Contractors Limited
86
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 28/02/2025

Net Worth

£492k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£297k

Current Liabilities

£62k

Fixed Assets

£263k

Debtors

£115k

6avg. employees-1

Tax at Year End(2022)

Corp tax£2k

Balance Sheet

Assets less current liabilities£498k
Signed by C Loizou 12 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.82-£14k
20246.04-£45k
20238.54-£47k
20226.93+£598
202110.01-£20k
202010.78-£46k
20195.82—

Derived from filed accounts. Not audited figures.