Back to search

Itectric Ltd

05902581

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

54 NAUNTON WAY, CHELTENHAM, GL53 7BQ
Incorporated 10/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Desmond Michael Foley

director · Since 10/08/2006

IT ELECTRICAL

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mr Desmond Foley

75–100% shares

British · England · Age 62

4, Grass Close, Towcester, NN12 8AU

Notified 06/04/2016

CompanyRankvs 26865+ SIC 43210 peers
48

Financial strength37th percentile among SIC peers · 9/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Fyfe Wilson Ltd
90
2Albert Innes Limited
90
3Walker Miller & Company Limited
90
4R.G.D. King Limited
90
5H.R.Mann Limited
90
6Gloweth Limited
90
7Meel Group (Projects) Limited
90
8Ken Burrows Limited
90
9D.P.S. (Beeston) Limited
90
10Engineering Installations (Teesside) Limited
90
26865Itectric Ltd
44
How is this score calculated?
Financial strength9/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/08/2025

Net Worth

£961

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£313

Working capital

Current Assets

£2k

Current Liabilities

£2k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.83
20241.59
20231.27

Derived from filed accounts. Not audited figures.