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I L S Electrical Contractors Limited

07131580

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

17 ORCHID DRIVE, NEWTON AYCLIFFE, DL5 6AN
Incorporated 20/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ian Leslie Smith

director · Since 20/01/2010

ELECTRICIAN

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Ian Leslie Smith

75–100% shares
75–100% votes

British · England · Age 61

20, Bretton Gardens, Newcastle Upon Tyne, NE7 7JT

Notified 20/01/2017

CompanyRankvs 13510+ SIC 43210 peers
65

Financial strength69th percentile among SIC peers · 17/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1× · 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 strength17/25 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.

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

£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3

Working capital

Current Assets

£38k

Current Liabilities

£38k

Fixed Assets

£61k

4avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£16k
20240.82+£22k
20230.62

Derived from filed accounts. Not audited figures.