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Ian Collins Electrical Limited

04570882

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 OLD BATH ROAD, NEWBURY, RG14 1QL
Incorporated 23/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Margaret Ann Collins

secretary · Since 23/10/2002

BRITISH

Ian Edward Collins

director · Since 23/10/2002

DIRECTOR

BRITISH · ENGLAND · Age 71

Persons with Significant Control

Mr Ian Edward Collins

75–100% shares
75–100% votes

British · England · Age 71

Tamariu, Harts Lane, Newbury, RG20 9HF

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 08/11/2002Registered 19/11/2002

CompanyRankvs 7379+ SIC 43210 peers
60

Financial strength66th percentile among SIC peers · 17/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.24× · 20/20
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 strength17/25 pts

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

Employees3/15 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

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

£20k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£22k

Current Liabilities

£10k

Fixed Assets

£8k

Debtors

£7k

1avg. employees
Signed by 04570882 2023-11-01 2024-10-31 04570882 2024-10-31 04570882 bus: 2 1 2024-10-31 04570882 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.24-£2k
20232.27+£16k
20221.38-£4k
20211.72

Derived from filed accounts. Not audited figures.