Reed Electrical Services Limited
05340486
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Richard Reed
British · England · Age 43
33 Corbets Avenue, Corbets Avenue, Upminster, RM14 2EG
Notified 24/01/2017
CompanyRankvs 27649+ SIC 43210 peers43
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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 31/03/2026
Net Worth
£1k
Balance sheet strength
Cash
£59k
Cash in the bank
Profit Before Tax
£51k
Bottom line earnings
Net Current Assets
£48k
Working capital
Current Assets
—
Current Liabilities
£11k
Fixed Assets
£4k
Cost of Sales
£16k
Admin Expenses
£32k
Profit After Tax
£41k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | — | -£4k |
| 2025 | — | -£10k |
| 2024 | 18.82 | +£11k |
| 2023 | 15.72 | -£6k |
| 2022 | 24.69 | -£21k |
| 2021 | 5.14 | — |
Derived from filed accounts. Not audited figures.