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Rowelec Limited

04523892

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

CHURCHBRIDGE, OLDBURY, B69 2AX
Incorporated 02/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Marguerite Elizabeth Rowley

secretary · Since 02/09/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 76

Also on 11 other boards

Mrs Marguerite Elizabeth Rowley

director · Since 02/09/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 76

Also on 11 other boards

Mr Robert Alan Rowley

director · Since 02/09/2002

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Richard Stuart Rowley

director · Since 10/10/2008

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Rowelec Holdings Limited

75–100% shares
75–100% votes

Churchbridge, Churchbridge, Oldbury, B69 2AX

Reg: 12101217 · England & Wales · Limited Company

Notified 04/10/2019

Former PSCs

Mrs Marguerite Elizabeth Rowley

Ceased 01/10/2017

Mr Robert Alan Rowley

Ceased 01/10/2017

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINISTER BANK PLC

Created 14/08/2015Registered 24/08/2015Satisfied 16/12/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/04/2003Registered 01/05/2003

CompanyRankvs 2688+ SIC 43210 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2688Rowelec Limited
80
How is this score calculated?
Financial strength23/25 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.

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.

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 31/10/2024

Net Worth

£184k

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

£136k

Working capital

Current Assets

£647k

Current Liabilities

£511k

Fixed Assets

£77k

Debtors

£496k

31avg. employees+1

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£213k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27-£62k
20231.22-£42k
20221.39-£10k
20211.54—

Derived from filed accounts. Not audited figures.