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Industrial Switchgear Services Limited

04241038

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MYNSHULL HOUSE, STOCKPORT, SK1 1YJ
Incorporated 26/06/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
82990
Other business support service activities

Officers

Paula Lomax

secretary · Since 27/06/2001

ADMINISTRATOR

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Mr Christopher David Lomax

director · Since 27/06/2001

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Paula Lomax

director · Since 27/06/2001

ADMINISTRATOR

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Persons with Significant Control

Mr Christopher David Lomax

50–75% shares

British · England · Age 57

Mynshull House, 78 Churchgate, Stockport, SK1 1YJ

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 12/01/2022Registered 13/01/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/06/2009Registered 18/06/2009Satisfied 11/02/2022

CompanyRankvs 24673+ SIC 43210 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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24673Industrial Switchgear Services Limited
47
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.

Employees15/15 pts

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

Liquidity6/20 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 30/06/2025

Net Worth

-£213k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£238k

Working capital

Current Assets

£1.9M

Current Liabilities

£2.2M

Fixed Assets

£108k

Debtors

£1.5M

35avg. employees-5

Balance Sheet

Bank loans & overdrafts£107k
Assets less current liabilities-£130k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£119k
20240.85+£179k
20230.83-£1.0M
20221.27+£116k
20211.36+£266k
20201.26-£138k
20191.34-£162k
20181.50—

Derived from filed accounts. Not audited figures.