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U-Connect Electrical Limited

06740744

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

41 WAYSIDE GREEN, READING, RG8 0PR
Incorporated 04/11/2008

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

43210
Electrical installation

Officers

Barrie Jones

director · Since 04/11/2008

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 65

Daniel Ward

director · Since 04/11/2008

ELECTRICIAN

ENGLISH · BERKSHIRE · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Daniel Ward

25–50% shares

British · England · Age 41

82, Deveron Drive, Reading, RG30 4YD

Notified 04/11/2016

CompanyRankvs 14339+ SIC 43210 peers
64

Financial strength78th percentile among SIC peers · 20/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength20/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2024

Net Worth

£48k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£48k

Current Liabilities

£87k

Fixed Assets

£15k

2avg. employees-2

Tax at Year End(2019)

Corp tax£17k
VAT£3k

Director Loans(2019)

Company owes directors£275
Directors owe company£176

Balance Sheet

Assets less current liabilities£22k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.55-£32k
20230.59+£18k
20220.87+£49k
20211.51-£7k
20201.31+£53k
20190.33-£53k£62k
20180.54

Derived from filed accounts. Not audited figures.