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Cannon Elec Limited

06202961

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

GROUND FLOOR, CROSBY, L23 5SE
Incorporated 04/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mark Cannon

director · Since 04/04/2007

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 53

Mr Dean Paul Cannon

director · Since 26/09/2024

FIREMAN

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Mark Cannon

75–100% shares

English · England · Age 53

Ground Floor, 73 Liverpool Road, Crosby, L23 5SE

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 18/03/2019Registered 20/03/2019Satisfied 27/06/2023

CompanyRankvs 2811+ SIC 43210 peers
84

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.68× · 16/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 30/04/2025

Net Worth

£363k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£200k

Working capital

Current Assets

£493k

Current Liabilities

£293k

Fixed Assets

£163k

13avg. employees+1

Balance Sheet

Assets less current liabilities£363k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£130k
20241.63+£68k
20231.58

Derived from filed accounts. Not audited figures.