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Electrical Services Southern Limited

07222978

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

28-31 THE STABLES, SILSOE, MK45 4HR
Incorporated 14/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Michael Burke

director · Since 01/04/2025

DIRECTOR

NORTHERN IRISH · NORTHERN IRELAND · Age 64

Also on 5 other boards

Persons with Significant Control

Central Heating Services Limited

75–100% shares
75–100% votes
Appoint directors

25, Invincible Road Industrial Estate, Farnborough, GU14 7QU

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

GROWTH LENDING 2020 LIMITED

Created 05/11/2020Registered 11/11/2020
Charge
satisfied

EXWORKS CAPITAL FUND I, L.P.

Created 29/01/2019Registered 06/02/2019Satisfied 17/11/2020
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 02/02/2018Registered 10/02/2018Satisfied 31/01/2019

CompanyRankvs 25614+ SIC 43210 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£2.5M

Working capital

Current Assets

£3.6M

Current Liabilities

£6.1M

Fixed Assets

£14k

Debtors

£448k

11avg. employees+1

Balance Sheet

Assets less current liabilities-£2.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.59
20230.77

Derived from filed accounts. Not audited figures.