Economic Heating Ltd
06545563
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Mr Ross Stephen Wakeling
director · Since 08/03/2024
DIRECTOR
BRITISH · ENGLAND · Age 50
Persons with Significant Control
Mr Stephen Shrosbree
United Kingdom · England · Age 48
2 Cornerhouse Buildings, Claydons Lane, Rayleigh, SS6 7UP
Notified 06/04/2016
Mr Ross Stephen Wakeling
British · England · Age 50
2 Cornerhouse Buildings, Claydons Lane, Rayleigh, SS6 7UP
Notified 06/04/2016
Mr Ross Wakeling
British · England · Age 50
2 Cornerhouse Buildings, Claydons Lane, Rayleigh, SS6 7UP
Notified 06/04/2016
CompanyRankvs 8213+ SIC 43220 peers66
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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 31/03/2026
Net Worth
£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£32k
Current Liabilities
£31k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.03 | -£3k |
| 2025 | 1.07 | +£12k |
| 2024 | 0.76 | -£16k |
| 2023 | 1.12 | — |
Derived from filed accounts. Not audited figures.