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Electronet Automation Limited

04247134

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

LANE ENDS HOUSE, SACRISTON, DH7 6AS
Incorporated 05/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Paul David Brack

director · Since 05/07/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Denise Anne Brack

secretary · Since 16/07/2004

BRITISH

Mr Michael David Finlaw

director · Since 01/10/2009

ELECTRICAL ENGINEERS

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Nett Solutions Ltd

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

Lane Ends House, Mount Pleasant, Durham, DH7 6AS

Reg: 12521080 · The Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 15/05/2020

Former PSCs

Mr Michael David Finlaw

Ceased 05/06/2019

Mr Paul Brack

Ceased 15/05/2020

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 19/02/2016Registered 10/03/2016Satisfied 28/11/2019
Charge
satisfied

LLOYDS BANK PLC

Created 18/02/2016Registered 18/02/2016Satisfied 28/11/2019

CompanyRankvs 644+ SIC 27900 peers
70

Financial strength65th percentile among SIC peers · 16/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.18× · 12/20
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 strength16/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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 31/07/2025

Net Worth

£89k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£236k

Current Liabilities

£201k

Fixed Assets

£85k

Debtors

£135k

10avg. employees

Tax at Year End

Corp tax£624

Balance Sheet

Assets less current liabilities£120k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18-£77k
20241.62-£54k
20232.67-£48k
20223.20-£36k
20212.97

Derived from filed accounts. Not audited figures.