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Independent Electrical Wholesalers Limited

06127363

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3 NEEPSEND INDUSTRIAL ESTATE, SHEFFIELD, S3 8AG
Incorporated 26/02/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439

Officers

Mr Andrew James Gibson

director · Since 14/04/2007

ELECTRICAL WHOLESALER

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mrs Alison Marie Gibson

director · Since 06/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Mr Matthew James Gibson

director · Since 31/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 22

Persons with Significant Control

Mr Andrew James Gibson

75–100% shares
75–100% votes

British · United Kingdom · Age 54

Unit 3 Neepsend Ind Estate, 80 Parkwood Road, Sheffield, S3 8AG

Notified 28/02/2017

Former PSCs

Mr John White

Ceased 06/05/2021

CompanyRankvs 211+ SIC 46439 peers
63

Financial strength77th percentile among SIC peers · 19/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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211Independent Electrical Wholesalers Limited
73
How is this score calculated?
Financial strength19/25 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.

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 28/02/2026

Net Worth

£154k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

£141k

Working capital

Current Assets

£426k

Current Liabilities

£285k

Fixed Assets

£13k

Debtors

£200k

5avg. employees

Tax at Year End(2024)

Corp tax£9k
Dividends paid£34k

Balance Sheet

Assets less current liabilities£154k
Signed by Mr A Gibson,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.50+£16k
20251.51—
20241.71—
20231.52—
20221.59-£33k
20211.79+£18k
20202.17+£38k
20192.12—

Derived from filed accounts. Not audited figures.