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N E Electrical Wholesalers Limited

04220545

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

CEDAR HOUSE, SHEFFIELD, S11 8HA
Incorporated 21/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr John Andrew Steade

secretary · Since 25/07/2001

BRITISH · UNITED KINGDOM · Age 62

Also on 9 other boards

Mr John Andrew Steade

director · Since 23/01/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 9 other boards

Mr Martin John Simmonite

director · Since 11/08/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Andrew Fletcher

director · Since 31/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 59

Mrs Jane Fletcher

director · Since 31/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Richard Smith

director · Since 31/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Martin John Simmonite

Significant control

British · England · Age 53

Cedar House, 63 Napier Street, Sheffield, S11 8HA

Notified 12/02/2025

Former PSCs

Mr Stephen John Brailsford

Ceased 12/07/2022

Martin John Simmonite

Ceased 12/02/2025

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 30/06/2022Registered 07/07/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/10/2001Registered 23/10/2001Satisfied 07/06/2022

CompanyRankvs 355+ SIC 46520 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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355N E Electrical Wholesalers Limited
80
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.

Employees14/15 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.

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 31/12/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.4M

Fixed Assets

£122k

Debtors

£1.9M

14avg. employees

Tax at Year End

Corp tax£99k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£73k
20241.80+£79k
20231.54+£47k
20221.67-£72k
20212.39+£95k
20202.04+£432
20192.08+£4k
20181.79—

Derived from filed accounts. Not audited figures.