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Electrolve Ltd

06776120

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

20 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 18/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Oliver Carl Margarson

director · Since 18/12/2008

DIRECTOR

ENGLISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Oliver Carl Margarson

75–100% shares

British · England · Age 39

20, Wenlock Road, London, N1 7GU

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/10/2013Registered 17/10/2013

CompanyRankvs 2248+ SIC 47910 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£222k

Balance sheet strength

Cash

£209k

Cash in the bank

Net Current Assets

£265k

Working capital

Current Assets

£759k

Current Liabilities

£494k

Fixed Assets

£12k

Debtors

£489k

38avg. employees

Balance Sheet

Assets less current liabilities£277k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54-£3k
20231.82-£31k
20221.60-£65k
20211.71-£38k
20203.39+£54k
20196.68-£47k
20184.32

Derived from filed accounts. Not audited figures.