Finic Electrical Services Ltd
06823809
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 19/02/2009
director · Since 19/02/2009
ELECTRICAL CONTRACTOR
BRITISH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Mr David Philip Pearce
British · England · Age 58
Chapel Barn, Morwenstow, Bude, EX23 9SQ
Notified 06/04/2016
Mr Martin Victor Pearce
British · England · Age 54
Chapel Barn, Morwenstow, Bude, EX23 9SQ
Notified 16/10/2024
Mr David Doster
British · England · Age 52
Chapel Barn, Morwenstow, Bude, EX23 9SQ
Notified 16/10/2024
Former PSCs
Mrs Susan Elizabeth Pearce
Ceased 16/10/2024
CompanyRankvs 706+ SIC 33140 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/06/2025
Turnover
£180k
Annual revenue
Net Worth
£32k
Balance sheet strength
Cash
£35k
Cash in the bank
Profit Before Tax
£40k
Bottom line earnings
Net Current Assets
£30k
Working capital
Current Assets
£66k
Current Liabilities
£36k
Fixed Assets
£3k
Debtors
£30k
Cost of Sales
£132k
Gross Profit
£48k
Admin Expenses
£8k
Operating Profit
£40k
Profit After Tax
£32k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.82 | -£7k | £180k |
| 2024 | 2.28 | -£7k | £207k |
| 2023 | 1.99 | — | £144k |
Derived from filed accounts. Not audited figures.