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Tate Electrical Limited

05894075

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

32A CARR GRANGE WORKS, DONCASTER, DN4 5HY
Incorporated 02/08/2006

Compliance

Last accounts

30/11/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

43210
Electrical installation

Officers

Mr Phillip Maurice Tate

director · Since 02/08/2006

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mr Paul Anthony Owens

director · Since 24/04/2009

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mr Phillip Maurice Tate

50–75% shares

British · United Kingdom · Age 52

32a Carr Grange Works, Doncaster, DN4 5HY

Notified 02/08/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 13/09/2007Registered 15/09/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/12/2006Registered 28/12/2006

CompanyRankvs 890+ SIC 43210 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.87× · 20/20
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 strength23/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£237k

Balance sheet strength

Cash

£207k

Cash in the bank

Net Current Assets

£214k

Working capital

Current Assets

£289k

Current Liabilities

£75k

Fixed Assets

£30k

Debtors

£71k

8avg. employees+1

Balance Sheet

Assets less current liabilities£244k
Signed by 2023-12-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.87+£61k
20233.48-£41k
20222.27+£80k
20211.99-£15k
20202.46-£26k
20192.15+£21k
20182.49

Derived from filed accounts. Not audited figures.