Back to search

Colclough Electrical Contractors Ltd

06802685

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 DOUGLAS ROAD, BENFLEET, SS7 2HN
Incorporated 27/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr James Edward Colclough

director · Since 27/01/2009

ELECTRICIAN

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr James Edward Colclough

75–100% shares

British · England · Age 55

5, Douglas Road, Benfleet, SS7 2HN

Notified 06/04/2016

CompanyRankvs 33638+ SIC 43210 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio -0.63× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Fyfe Wilson Ltd
90
2Albert Innes Limited
90
3Walker Miller & Company Limited
90
4R.G.D. King Limited
90
5H.R.Mann Limited
90
6Gloweth Limited
90
7Meel Group (Projects) Limited
90
8Ken Burrows Limited
90
9D.P.S. (Beeston) Limited
90
10Engineering Installations (Teesside) Limited
90
33638Colclough Electrical Contractors Ltd
35
How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the first 12 months. This loan is backed by the government. The Director has considered the profitability of the company. These may cast significant doubt upon the entity's ability to continue as a going concern. The Director is confident that the company will begin to make a profit following the recent trading activity of the company which will allow the company to continue as a going concern. Th

Key FinancialsYear ending 31/03/2026

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£28k

Current Liabilities

-£44k

Fixed Assets

£1k

1avg. employees-1

Balance Sheet

Assets less current liabilities£73k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20260.63+£12k
20250.66—
202415.31—
20233.24—

Derived from filed accounts. Not audited figures.