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Wady'S Electrical Limited

04159839

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

11 MONOUX ROAD, BEDFORDSHIRE, MK43 9JR
Incorporated 14/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Douglas John Wady

director · Since 14/02/2001

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr David Graham Bishop

director · Since 19/10/2015

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mrs Sarah Joanne Wady

director · Since 19/10/2015

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Daniel Allison

director · Since 18/01/2021

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Steven Dean Rennie

director · Since 18/01/2021

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Douglas John Wady

75–100% shares
75–100% votes

British · England · Age 63

2, Dean Street, Bedford, MK40 3EQ

Notified 06/06/2017

Mrs Sarah Joanne Wady

75–100% shares
75–100% votes

British · England · Age 60

11 Monoux Road, Bedfordshire, MK43 9JR

Notified 21/08/2023

CompanyRankvs 2300+ SIC 43210 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.68× · 16/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£824k

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£694k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.0M

Fixed Assets

£226k

Debtors

£692k

Profit After Tax

£279k

23avg. employees-2

Tax at Year End

Dividends paid£64k

Balance Sheet

Assets less current liabilities£921k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£215k
20241.47+£296k
20231.61-£135k
20221.66-£244k
20211.35

Derived from filed accounts. Not audited figures.