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Afan Electrical Limited

04596255

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

UNIT 24 GLANYRAFON INDUSTRIAL ESTATE, ABERYSTWYTH, SY23 3JQ
Incorporated 20/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Catrin Llinos Davies

secretary · Since 20/11/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 56

Also on 7 other boards

Mrs Catrin Llinos Davies

director · Since 20/11/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 56

Also on 7 other boards

Mr Edward Andrew Davies

director · Since 20/11/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mrs Catrin Llinos Davies

25–50% shares
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 56

Unit 24, Glanyrafon Industrial Estate, Aberystwyth, SY23 3JQ

Notified 20/11/2016

Mr Edward Andrew Davies

25–50% shares

British · United Kingdom · Age 58

Unit 24, Glanyrafon Industrial Estate, Aberystwyth, SY23 3JQ

Notified 20/11/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 13/02/2006Registered 17/02/2006

CompanyRankvs 175+ SIC 43210 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.21× · 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 strength25/25 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.

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

£1.6M

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.5M

Current Liabilities

£459k

Fixed Assets

£548k

Debtors

£1.2M

15avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.21+£246k
20235.69+£38k
20225.56-£25k
20214.80+£131k
20206.93+£55k
20194.11-£86k
20188.56

Derived from filed accounts. Not audited figures.