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Crolec Limited

04930040

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

7 HIGHFIELD ROAD, LONDON, W3 0AJ
Incorporated 13/10/2003

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

43210
Electrical installation

Officers

Mr Michael Cronin

director · Since 28/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Michael Cronin

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · England · Age 52

7 Highfield Road, London, W3 0AJ

Notified 30/10/2016

CompanyRankvs 9315+ SIC 43210 peers
67

Financial strength67th percentile among SIC peers · 17/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.05× · 12/20
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 strength17/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£79k

Current Liabilities

£76k

Fixed Assets

£33k

2avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05-£19k
20230.92-£26k
20221.04

Derived from filed accounts. Not audited figures.