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Three Ways Electrical Solutions Ltd

07109967

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

8 SECKER CRESCENT, HARROW, HA3 5LZ
Incorporated 21/12/2009

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 21/12/2025

Due 04/01/2027

On track

Industry

43210
Electrical installation
43390
Other building completion and finishing
43999
Specialised construction activities

Officers

Mr Daniel Gordon

director · Since 21/12/2009

ELECTRICIAN

BRITISH · ENGLAND · Age 49

Mr Augustine Michel

director · Since 21/12/2009

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Augustine Michel

25–50% shares
25–50% votes

British · United Kingdom · Age 53

2nd Floor, Hygeia House, Harrow, HA1 1BE

Notified 06/04/2016

Mr Daniel Gordon

25–50% shares
25–50% votes

British · United Kingdom · Age 49

2nd Floor, Hygeia House, Harrow, HA1 1BE

Notified 06/04/2016

CompanyRankvs 27244+ SIC 43210 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.39× · 2/20
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 strength0/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£80k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£41k

Current Liabilities

£107k

Fixed Assets

£31

Debtors

£9k

4avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£58k

Balance Sheet

Assets less current liabilities-£66k
Signed by Mr DANIEL GORDON 30/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.39-£87k£41k
20231.89-£27k
20221.95-£11k
20212.80+£10k£146k
20202.30+£8k£146k
20192.70-£5k£21k
20182.44

Derived from filed accounts. Not audited figures.