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Paynelectrics Limited

04454034

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

53 WOODLANDS, EVESHAM, WR11 1XH
Incorporated 05/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Geoffrey William Payne

director · Since 05/06/2002

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 75

Mr Adam Ross Payne

director · Since 06/04/2007

ELECRICAL ENGINEER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Adam Ross Payne

25–50% shares
25–50% votes

British · England · Age 42

53 Woodlands, Evesham, WR11 1XH

Notified 06/04/2016

Mr Geoffrey William Payne

50–75% shares
50–75% votes

British · England · Age 75

53 Woodlands, Evesham, WR11 1XH

Notified 06/04/2016

CompanyRankvs 1609+ SIC 43210 peers
73

Financial strength82th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.71× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/06/2025

Net Worth

£70k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£103k

Current Liabilities

£38k

Fixed Assets

£7k

Debtors

£66k

4avg. employees

Balance Sheet

Assets less current liabilities£72k
Signed by Mr A Payne,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.71+£0
20252.71-£11k
20242.76-£460
20232.89-£40k
20221.86-£6k
20212.85—

Derived from filed accounts. Not audited figures.