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B.A.C. Electrical Limited

06026839

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

29 ARBORETUM STREET, NG1 4JA
Incorporated 13/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Christine Mary Cox

secretary · Since 13/12/2006

BRITISH

Mr James Daniel Cox

director · Since 13/12/2006

ELECTRICIAN

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr James Daniel Cox

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

7 Longate Road, Melton Mowbray, LE13 1HT

Notified 06/04/2016

CompanyRankvs 1303+ SIC 43210 peers
85

Financial strength90th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.89× · 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 strength23/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£173k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£190k

Current Liabilities

£49k

Fixed Assets

£49k

Debtors

£150k

4avg. employees

Tax at Year End

Corp tax£7k

Director Loans

Directors owe company£56k

Balance Sheet

Assets less current liabilities£190k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.89+£9k
20233.60

Derived from filed accounts. Not audited figures.