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Banelec Limited

05635655

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

3 OLD BUSH STREET, BRIERLEY HILL, DY5 1UB
Incorporated 24/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Christopher Laurence Gennard

secretary · Since 25/11/2005

BRITISH · ENGLAND · Age 58

Also on 23 other boards

Mr Dean Banner

director · Since 25/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Dean Banner

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

British · England · Age 57

3, Prestwick Road, Kingswinford, DY6 9DZ

Notified 06/04/2016

Mrs Elisabeth Jennie Banner

25–50% shares
25–50% votes

British · England · Age 51

3, Old Bush Street, Brierley Hill, DY5 1UB

Notified 28/08/2024

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/03/2025Registered 01/04/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/03/2025Registered 01/04/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2015Registered 08/12/2015

CompanyRankvs 2387+ SIC 43210 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 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 31/03/2025

Net Worth

£705k

Balance sheet strength

Cash

£203k

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£605k

Current Liabilities

£387k

Fixed Assets

£1.2M

Debtors

£261k

16avg. employees+1

Balance Sheet

Bank loans & overdrafts£31k
Assets less current liabilities£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56-£68k
20242.00+£223k
20233.57-£105k
20222.34+£1k
20215.67-£93k
20204.54+£2k
20196.60

Derived from filed accounts. Not audited figures.