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Ware Power & Lighting Limited

06076724

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

64 CHELMSFORD ROAD, CLACTON-ON-SEA, CO15 5DJ
Incorporated 01/02/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Michelle Turner

secretary · Since 01/02/2007

BRITISH

Mr Philip John Farrar

director · Since 01/02/2007

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Philip John Farrar

75–100% shares

British · England · Age 51

64, Chelmsford Road, Clacton-On-Sea, CO15 5DJ

Notified 31/01/2017

CompanyRankvs 1672+ SIC 43210 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.66× · 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 strength22/25 pts

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

Employees11/15 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 28/02/2025

Net Worth

£130k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£152k

Current Liabilities

£23k

Fixed Assets

£21k

Debtors

£64k

3avg. employees

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£150k
Signed by 06076724 2024-03-01 2025-02-28 06076724 2025-02-28 06076724 bus:OrdinaryShareClass1 2025-02-28 06076724 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.66-£6k
20242.65-£13k
20233.97

Derived from filed accounts. Not audited figures.