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Richard Craig Electrical Ltd

05619824

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

Townsend Bungalow, Llanwarne, Hereford, Herefordshire, HR2 8JE
Incorporated 11/11/2005

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

43210
Electrical installation

Officers

Mr Richard Ian Craig

director · Since 11/11/2005

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Kim Marie Craig

secretary · Since 11/11/2005

ADMINISTRATOR

BRITISH · Age 53

Also on 3 other boards

Kim Marie Craig

director · Since 20/12/2012

COMPANY DIRECTOR

BRITISH · Age 53

Also on 3 other boards

Mr Luke William Craig

director · Since 05/12/2019

ELECTRICIAN

BRITISH · ENGLAND · Age 28

Richard Ian Craig

director · Since 11/11/2005

British · United Kingdom · Age 55

Kim Marie Craig

secretary · Since 11/11/2005

British

Kim Marie Craig

director · Since 20/12/2012

British · Age 53

Luke William Craig

director · Since 05/12/2019

British · England · Age 28

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 11/11/2005

Instant Companies Limited

corporate nominee director · Resigned 11/11/2005

Kim Marie Craig

director · Resigned 07/02/2006

Persons with Significant Control

Mr Richard Ian Craig

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 55

Townsend Bungalow, Llanwarne, Herefordshire, HR2 8JE

Notified 01/07/2016

Change History

post town → Herefordshire
2026-07-21

HEREFORDSHIRE

status → active
2026-07-21

Active

type → ltd
2026-07-21

Private Limited Company

address line1 → Townsend Bungalow, Llanwarne
2026-07-21

TOWNSEND BUNGALOW, LLANWARNE

CompanyRankvs 422+ SIC 43210 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.99× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Going concern There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern. Leased assets Rentals applicable to operating leases

Key FinancialsYear ending 31/12/2024

Net Worth

£934k

Balance sheet strength

Cash

£497k

Cash in the bank

Net Current Assets

£576k

Working capital

Current Assets

£769k

Current Liabilities

£193k

Fixed Assets

£372k

Debtors

£247k

6avg. employees-2

Balance Sheet

Assets less current liabilities£948k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.99-£182k
20235.50—

Derived from filed accounts. Not audited figures.