Back to search

Root3 Lighting & Electrical Ltd

04275443

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 WAVENEY PARK HEWETT ROAD, GREAT YARMOUTH, NR31 0NN
Incorporated 22/08/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr Dominic Reginald Newman

director · Since 14/06/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Dominic Reginald Newman

Significant control
significant-influence-or-control-as-firm

British · England · Age 53

1 Waveney Park, Hewett Road, Great Yarmouth, NR31 0NN

Notified 01/06/2022

Former PSCs

Mr Chris Mccormick

Ceased 01/06/2022

Charges0 outstanding

Charge
satisfied

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 08/07/2024Registered 10/07/2024Satisfied 14/08/2025
Charge
satisfied

LLOYDS BANK PLC

Created 15/11/2018Registered 04/12/2018Satisfied 13/02/2019
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 01/10/2013Registered 03/10/2013Satisfied 05/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/10/2009Registered 15/10/2009Satisfied 25/05/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/09/2009Registered 09/09/2009Satisfied 05/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/07/2009Registered 10/07/2009Satisfied 05/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2007Registered 14/08/2007Satisfied 04/05/2023

CompanyRankvs 57+ SIC 27400 peers
84

Financial strength89th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1British Electric Lamps Limited
90
2Designplan Lighting Limited
90
3Urbis Schreder Ltd
90
4Hacel Lighting Limited
90
5Ritelite (Systems) Limited
90
6Artfitz Ltd
90
7Lazer Lamps Ltd
90
8Marl International Limited
89
9Charles Endirect Limited
89
10Simmonsigns Limited
89
57Root3 Lighting & Electrical Ltd
84
How is this score calculated?
Financial strength22/25 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.

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.

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

£888k

Balance sheet strength

Cash

£177k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£297k

Fixed Assets

£5k

Debtors

£1.3M

6avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.05-£62k
20244.77+£143k
20236.14+£5k
20224.40—

Derived from filed accounts. Not audited figures.