Digs Electrical Limited
05769300
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr David Vincent Wallace-Cole
British · United Kingdom · Age 63
7, George Street West, Luton, LU1 2BJ
Notified 01/04/2017
CompanyRankvs 19079+ SIC 71129 peers37
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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 30/04/2025
Net Worth
-£47k
Balance sheet strength
Cash
£902
Cash in the bank
Net Current Assets
-£56k
Working capital
Current Assets
£4k
Current Liabilities
£60k
Fixed Assets
£12k
Debtors
£3k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£8k |
| 2024 | 0.05 | -£531 |
| 2023 | 0.33 | +£2k |
| 2022 | 0.31 | -£7k |
| 2021 | — | -£18k |
| 2020 | — | -£18k |
Derived from filed accounts. Not audited figures.