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D. Wade Electrical Contractors Limited

06532659

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

BANK HOUSE, SOUTHWICK, BN42 4FN
Incorporated 12/03/2008

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/03/2025

Due 26/03/2026

Overdue

Industry

35120
Transmission of electricity

Officers

Maria Jane Wade

secretary · Since 15/03/2008

CLERICAL ASSISTANT

BRITISH · Age 56

David Michael Wade

director · Since 15/03/2008

ELECTRICIAN

BRITISH · ENGLAND · Age 53

Persons with Significant Control

David Michael Wade

50–75% shares
50–75% votes

British · England · Age 53

Bank House, Southwick Square, Southwick, BN42 4FN

Notified 06/04/2016

Marie Jane Wade

25–50% shares
25–50% votes

British · England · Age 56

Bank House, Southwick Square, Southwick, BN42 4FN

Notified 06/04/2016

CompanyRankvs 78+ SIC 35120 peers
66

Financial strength49th percentile among SIC peers · 12/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.12× · 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 strength12/25 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£150

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£26k

Current Liabilities

£23k

Fixed Assets

£138

Debtors

£8k

2avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.12
20240.83
20231.37
20222.56
20211.01
20201.00
20191.15

Derived from filed accounts. Not audited figures.