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Wayside Electrical Ltd

07123276

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

33 BEWELL HEAD, BROMSGROVE, B61 8HY
Incorporated 12/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael John Phillips

director · Since 12/01/2010

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Michael John Phillips

75–100% shares

British · England · Age 63

33, Bewell Head, Bromsgrove, B61 8HY

Notified 06/04/2016

CompanyRankvs 4432+ SIC 43210 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 14.16× · 20/20
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 strength23/25 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.

Liquidity20/20 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

£198k

Balance sheet strength

Cash

£192k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£200k

Current Liabilities

£14k

Fixed Assets

£12k

Debtors

£8k

1avg. employees

Tax at Year End

Corp tax£9k
VAT£4k

Director Loans

Directors owe company£743

Balance Sheet

Assets less current liabilities£198k
Signed by Mr Michael Phillips 16/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202514.16+£805£78k
202419.16+£16k£38k
202312.77

Derived from filed accounts. Not audited figures.