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Serkit Electrical Limited

05028443

active
Private Limited Company
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

UNIT 29 ROTHERHAM CLOSE, KILLAMARSH SHEFFIELD, S21 2JU
Incorporated 28/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Martin James Wilson

secretary · Since 28/01/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Mr Martin James Wilson

director · Since 28/01/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Mr Matthew Woods

director · Since 28/01/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Martin James Wilson

25–50% shares
25–50% votes

British · England · Age 53

Unit 29 Rotherham Close, Killamarsh Sheffield, S21 2JU

Notified 28/01/2017

Mr Matthew Woods

25–50% shares
25–50% votes

British · England · Age 53

Unit 29 Rotherham Close, Killamarsh Sheffield, S21 2JU

Notified 28/01/2017

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 22/04/2004Registered 24/04/2004

CompanyRankvs 3509+ SIC 43210 peers
68

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.5× · 12/20
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.

Employees13/15 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.

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 28/02/2025

Net Worth

£178k

Balance sheet strength

Cash

£142

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£119k

Current Liabilities

£79k

Fixed Assets

£162k

Debtors

£119k

5avg. employees-1

Balance Sheet

Assets less current liabilities£202k
Signed by 05028443 2024-03-01 2025-02-28 05028443 2025-02-28 05028443 bus:OrdinaryShareClass1 2025-02-28 05028443 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£58k
20242.66-£18k
20231.72-£17k
20222.97

Derived from filed accounts. Not audited figures.