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Bowman Electrical Contractors Limited

06321722

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

SUITE 20, LONDON, EC3N 1AL
Incorporated 24/07/2007

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/01/2025

Due 20/01/2026

Overdue

Industry

43210
Electrical installation

Officers

Mr Darren Bowman

director · Since 24/07/2007

ELECTRICIAN

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Darren Bowman

75–100% shares

British · England · Age 53

Langley House 53, Theobald Street, Borehamwood, WD6 4RT

Notified 24/07/2016

Insolvency History1 case

creditors voluntary liquidation01/04/2026

Nicola Joanne Meadows (practitioner) · Mark Rodney Newton (practitioner)

CompanyRankvs 10065+ SIC 43210 peers
56

Financial strength44th percentile among SIC peers · 11/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees13/15 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

Insolvency history: -10 pts

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

£3k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£335k

Current Liabilities

£301k

Fixed Assets

£16k

Debtors

£239k

5avg. employees-1

Balance Sheet

Assets less current liabilities£50k
Signed by Mr Darren Bowman 12/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11+£42k
20240.98-£44k
20231.21

Derived from filed accounts. Not audited figures.