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Ab Electrical Contractors Limited

06807271

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

PARKHURST GREEN FARM PARKHURST GREEN LANE, COLCHESTER, CO6 2BL
Incorporated 02/02/2009

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

43210
Electrical installation

Officers

Mr Austin Bonnett

director · Since 23/12/2011

ELECTRICIAN

BRITISH · ENGLAND · Age 66

Mr Jak Bonnett

director · Since 21/04/2025

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Austin Bonnett

75–100% shares

British · England · Age 66

Parkhurst Green Farm, Parkhurst Green Lane, Colchester, CO6 2BL

Notified 06/04/2016

Mr Jak Bonnett

25–50% shares

British · England · Age 35

Parkhurst Green Farm, Parkhurst Green Lane, Colchester, CO6 2BL

Notified 15/10/2024

CompanyRankvs 32490+ SIC 43210 peers
41

Financial strength8th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.53× · 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 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.

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 31/01/2025

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£170k

Working capital

Current Assets

£189k

Current Liabilities

£358k

Fixed Assets

£195k

1avg. employees

Tax at Year End(2023)

VAT£28k

Balance Sheet

Assets less current liabilities£25k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.53-£23k
20240.42-£8k
20230.52£552k

Derived from filed accounts. Not audited figures.