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R L Freemantle Electrical Limited

06759962

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

1580 PARKWAY SOLENT BUSINESS PARK, FAREHAM, PO15 7AG
Incorporated 27/11/2008

Compliance

Last accounts

31/10/2022

total exemption full

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 27/11/2023

Due 11/12/2024

Overdue

Industry

43210
Electrical installation

Officers

Mr Richard Lionel Freemantle

director · Since 20/08/2009

ELECTRICIAN

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Richard Lionel Freemantle

50–75% shares
75–100% votes
Appoint directors

British · England · Age 63

1580 Parkway, Solent Business Park, Fareham, PO15 7AG

Notified 01/07/2016

Charges0 outstanding

Charge
satisfied

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 21/12/2020Registered 30/12/2020Satisfied 19/01/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 27/07/2018Registered 30/07/2018Satisfied 27/01/2022

Insolvency History1 case

creditors voluntary liquidation01/02/2024

Michael Robert Fortune (practitioner) · Carl Derek Faulds (practitioner) · Nicola Elaine Layland (practitioner)

CompanyRankvs 15+ SIC 43210 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength0/25 pts

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

Employees0/15 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.

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 31/10/2022

Net Worth

-£327k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£885k

Current Liabilities

£975k

Fixed Assets

£30k

Debtors

£865k

7avg. employees-5

Tax at Year End

Corp tax£170k

Balance Sheet

Assets less current liabilities-£61k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20220.91+£167k
20210.78

Derived from filed accounts. Not audited figures.