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W A Spence Limited

05779498

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

69 HUNTLEA AVE, LINCOLNSHIRE, LN6 7UZ
Incorporated 12/04/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Wayne Alexander Spence

secretary · Since 20/04/2006

BRITISH

Also on 1 other board

Mr Wayne Alexander Spence

director · Since 20/04/2006

DIRECTOR

ENGLISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Wayne Alexander Spence

75–100% shares
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

English · England · Age 55

69 Huntlea Ave, Lincolnshire, LN6 7UZ

Notified 12/04/2016

CompanyRankvs 3517+ SIC 43210 peers
78

Financial strength79th percentile among SIC peers · 20/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees8/15 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.

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

£53k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£82k

Current Liabilities

£33k

Fixed Assets

£4k

Debtors

£16k

2avg. employees

Balance Sheet

Assets less current liabilities£53k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.49-£6k
20242.81+£770
20238.21

Derived from filed accounts. Not audited figures.