Econowise Drives And Controls Ltd
06297979
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 05/06/2026
Due 19/06/2027
Industry
Officers
director · Since 02/07/2007
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 6 other boards
director · Since 16/07/2009
ELECTRICAL ENGINEER
BRITISH · ENGLAND · Age 60
Also on 5 other boards
Mr Joao Pola
director · Since 30/06/2026
BRITISH,PORTUGUESE · UNITED KINGDOM · Age 46
Persons with Significant Control
Edcl Holdings Ltd
Unit 9, Bonehurst Road, Redhill, RH1 5GH
Reg: 17135118 · England And Wales · Private Limited Company
Notified 10/06/2026
Former PSCs
Mrs Tina Sharon Lapsley
Ceased 25/03/2025
Econowise Holdings Limited
Ceased 04/06/2026
Ehl Group Holdings Ltd
Ceased 10/06/2026
CompanyRankvs 513+ SIC 43999 peers89
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Turnover
£4.7M
Annual revenue
Net Worth
£6.5M
Balance sheet strength
Cash
£4.3M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£6.0M
Working capital
Current Assets
£6.8M
Current Liabilities
£761k
Fixed Assets
£515k
Debtors
£2.4M
Cost of Sales
£2.3M
Gross Profit
£2.4M
Admin Expenses
£921k
Operating Profit
£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.89 | +£0 |
| 2025 | 8.89 | +£1.1M |
| 2024 | 14.75 | +£98k |
| 2023 | 11.43 | — |
Derived from filed accounts. Not audited figures.