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F1rst Electrical Ltd

06324909

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Loss before tax (-10)

Details

134 DUKE STREET, SOUTHPORT, PR8 5BZ
Incorporated 26/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael Patterson

director · Since 26/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Graham Edward Patterson

secretary · Since 05/04/2010

Mrs Nicola Jayne Patterson

secretary · Since 01/08/2019

Persons with Significant Control

Mr Michael John Patterson

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 44

134, Duke Street, Southport, PR8 5BZ

Notified 15/10/2016

CompanyRankvs 10066+ SIC 43210 peers
66

Financial strength53th percentile among SIC peers · 13/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.41× · 12/20
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 strength13/25 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.

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.

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

Key FinancialsYear ending 31/03/2025

Turnover

£111k

Annual revenue

Net Worth

£8k

Balance sheet strength

Cash

£15k

Cash in the bank

Profit Before Tax

-£649

Bottom line earnings

Net Current Assets

£11k

Working capital

Current Assets

£39k

Current Liabilities

£28k

Fixed Assets

£11k

Debtors

£23k

Cost of Sales

£32k

Gross Profit

£79k

Admin Expenses

£77k

Operating Profit

£1k

Profit After Tax

-£1k

3avg. employees+1

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.41-£1k
20241.61-£3k
20232.25
20221.29
20210.35
20200.70
20190.84
20180.77

Derived from filed accounts. Not audited figures.