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K. J. Norris Electrical Limited

04838751

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

112/114 WHITEGATE DRIVE, LANCASHIRE, FY3 9XH
Incorporated 19/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Keith James Norris

secretary · Since 03/08/2020

Mr Darren Norris

director · Since 03/08/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Darren Norris

75–100% shares
75–100% votes

British · United Kingdom · Age 43

27, Newton Avenue, Poulton-Le-Fylde, FY6 8AN

Notified 20/11/2019

Former PSCs

Mr Keith James Norris

Ceased 20/11/2019

CompanyRankvs 5264+ SIC 43210 peers
78

Financial strength81th percentile among SIC peers · 20/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.85× · 16/20
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 strength20/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/07/2024

Net Worth

£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£131k

Current Liabilities

£71k

Fixed Assets

£13k

4avg. employees-1

Balance Sheet

Assets less current liabilities£73k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.85+£9k
20231.69+£863
20221.60+£18k
20211.54

Derived from filed accounts. Not audited figures.