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Electrassure Limited

05305052

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

EXETER HOUSE, LETCHWORTH GARDEN CITY, SG6 1UG
Incorporated 06/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Alun Davies

director · Since 30/09/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 39

Mr Gareth Peter George Hawkins

director · Since 01/08/2022

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 46

Mrs Jillian Davies

director · Since 11/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Alun Gareth Davies

25–50% shares
25–50% votes

British · England · Age 39

Exeter House, 1 Amor Way, Letchworth Garden City, SG6 1UG

Notified 11/09/2024

Mrs Jillian Davies

25–50% shares
25–50% votes

British · England · Age 40

Exeter House, 1 Amor Way, Letchworth Garden City, SG6 1UG

Notified 11/09/2024

Former PSCs

Mr Loyd Anthony Davies

Ceased 11/09/2024

Mr Alun Davies

Ceased 12/04/2023

Charges3 outstanding

Charge
outstanding

FUNDING CIRCLE LIMITED

Created 19/07/2024Registered 24/07/2024
Charge
outstanding

MARKETINVOICE LIMITED

Created 27/04/2018Registered 27/04/2018
charge
outstanding

HSBC BANK PLC

Created 21/07/2005Registered 23/07/2005

CompanyRankvs 2366+ SIC 43210 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.7× · 16/20
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 strength24/25 pts

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

Employees15/15 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.

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 30/06/2025

Net Worth

£340k

Balance sheet strength

Cash

£354k

Cash in the bank

Net Current Assets

£463k

Working capital

Current Assets

£1.1M

Current Liabilities

£663k

Fixed Assets

£171k

Debtors

£667k

17avg. employees+1

Balance Sheet

Bank loans & overdrafts£151k
Assets less current liabilities£634k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.70-£39k
20241.20+£51k
20231.50+£88k
20222.28+£214k
20212.17

Derived from filed accounts. Not audited figures.