Bay Electrics Limited
04982031
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Keith David Vercoe
British · England · Age 47
Archer House, Britland Estate, Eastbourne, BN22 8PW
Notified 06/04/2016
Richard James Vercoe
British · England · Age 45
Archer House, Britland Estate, Eastbourne, BN22 8PW
Notified 06/04/2016
CompanyRankvs 1263+ SIC 43210 peers85
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£138k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£104k
Working capital
Current Assets
£163k
Current Liabilities
£60k
Fixed Assets
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.73 | -£13k |
| 2024 | 3.23 | -£19k |
| 2023 | 3.99 | +£9k |
| 2022 | 3.23 | -£9k |
| 2021 | 4.22 | — |
Derived from filed accounts. Not audited figures.