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K2 Electrical Services Limited

04742683

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O SHMS ACCOUNTANTS BOURNEMOUTH GROUND FLOOR AUSTIN HOUSE, WESTBOURNE, BH4 9DN
Incorporated 23/04/2003

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

43210
Electrical installation

Officers

Mr Andrew Kevin Ewels

director · Since 23/04/2003

ELECTRICIAN

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Andrew Kevin Ewels

25–50% shares
25–50% votes

British · England · Age 61

80, The Avenue, Bournemouth, BH9 2US

Notified 06/04/2016

Mrs Clare Louise Ewels

25–50% shares
25–50% votes

British · England · Age 52

80, The Avenue, Bournemouth, BH9 2US

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 25/09/2012Registered 05/10/2012

CompanyRankvs 845+ SIC 43210 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.15× · 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 strength23/25 pts

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

Employees14/15 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 30/09/2025

Net Worth

£192k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£167k

Working capital

Current Assets

£207k

Current Liabilities

£40k

Fixed Assets

£35k

Debtors

£81k

6avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£202k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20255.15-£35k
20244.54+£27k
20234.25

Derived from filed accounts. Not audited figures.