Skn Electrical Services Limited
05950064
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/03/2009
CO DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 3 other boards
Persons with Significant Control
Mr Stuart Kerr Naismith
British · Australia · Age 48
78, Rossall Road, Thornton Cleveleys, FY5 1HQ
Notified 01/09/2016
Charges2 outstanding
BARCLAYS BANK PLC
RBS INVOICE FINANCE LIMITED
CompanyRankvs 15+ SIC 78300 peers70
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£23.1M
Annual revenue
Net Worth
£8.8M
Balance sheet strength
Cash
£489k
Cash in the bank
Profit Before Tax
£496k
Bottom line earnings
Net Current Assets
£7.8M
Working capital
Current Assets
£10.5M
Current Liabilities
£2.6M
Fixed Assets
£1.0M
Debtors
£6.7M
Cost of Sales
£15.5M
Gross Profit
£7.6M
Admin Expenses
£7.0M
Profit After Tax
£360k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.96 | +£360k |
| 2024 | 5.29 | +£294k |
| 2023 | 4.50 | +£541k |
| 2022 | 3.62 | +£597k |
| 2021 | 4.91 | — |
Derived from filed accounts. Not audited figures.