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Drm Electrical Limited

04598905

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 BELVEDERE ROAD, WIGAN, WN4 8RU
Incorporated 22/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Robert Morris

director · Since 22/11/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Robert Morris

25–50% shares

British · England · Age 47

2, Belvedere Road, Wigan, WN4 8RU

Notified 01/07/2016

Former PSCs

Mr David Frederick Morris

Ceased 30/04/2017

Mrs Christine Morris

Ceased 30/04/2017

CompanyRankvs 6264+ SIC 43210 peers
72

Financial strength82th percentile among SIC peers · 21/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees1/15 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.

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

£69k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£107k

Current Liabilities

£45k

Fixed Assets

£21k

Debtors

£41k

0avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£83k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40+£0
20252.40+£19k
20241.84-£14k
20232.34-£19k
20222.84-£18k
20214.64

Derived from filed accounts. Not audited figures.