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Chesterfield Electric Motors Limited

04327192

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

WHITTINGTON HSE SOUTH ST, CHESTERFIELD, S43 2BP
Incorporated 22/11/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Gary Mark Fletcher

director · Since 22/11/2001

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Mrs Michelle Fletcher

director · Since 12/12/2011

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Michelle Fletcher

75–100% shares
75–100% votes

British · England · Age 58

Whittington Hse South St, Chesterfield, S43 2BP

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 13/06/2017Registered 27/06/2017Satisfied 26/10/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/04/2016Registered 18/04/2016

CompanyRankvs 2669+ SIC 45200 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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 31/03/2025

Net Worth

£636k

Balance sheet strength

Cash

£781k

Cash in the bank

Net Current Assets

£636k

Working capital

Current Assets

£1.6M

Current Liabilities

£960k

Fixed Assets

£8k

Debtors

£796k

20avg. employees-2

Tax at Year End

Corp tax£52k

Balance Sheet

Assets less current liabilities£644k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.66+£12k
20242.87-£15k
20232.80+£71k
20222.49+£17k
20213.70-£40k
20203.30-£671k
20174.65

Derived from filed accounts. Not audited figures.