Wells Electrical Contractors Ltd
05849171
Some Concerns
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 13/06/2025
Due 27/06/2026
Industry
Officers
director · Since 16/06/2006
ELECTRICAL ENGINEER
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Mr Nicholas Andrew Wells
British · United Kingdom · Age 48
28a, Manchester Road, Bolton, BL5 3QJ
Notified 06/04/2016
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
ONE STOP BUSINESS FINANCE LIMITED
CompanyRankvs 8061+ SIC 43210 peers59
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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.
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 31/10/2024
Net Worth
£889k
Balance sheet strength
Cash
£250k
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.7M
Current Liabilities
—
Fixed Assets
£173k
Debtors
£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£59k |
| 2023 | 3.73 | +£95k |
| 2022 | 2.77 | +£272k |
| 2021 | 3.36 | +£149k |
| 2020 | 2.20 | -£128k |
| 2019 | 3.71 | +£270k |
| 2018 | 1.75 | — |
Derived from filed accounts. Not audited figures.