Electricity First Limited
07233880
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 08/08/2026
Due 22/08/2027
Industry
Officers
director · Since 23/04/2010
DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 38 other boards
director · Since 23/04/2010
DIRECTOR
CHINESE · HONG KONG · Age 79
Also on 27 other boards
director · Since 17/01/2012
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 67
Also on 25 other boards
director · Since 20/08/2012
DIRECTOR
CHINESE · HONG KONG · Age 64
Also on 17 other boards
director · Since 01/07/2023
SENIOR MANAGER (INTERNATIONAL BUSINESS)
CHINESE · HONG KONG · Age 54
CompanyRankvs 101+ SIC 64205 peers69
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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
the impact of particular transactions other events and conditions on the Company's financial position and financial performance; and • make an assessment of the Company's ability to continue as a going concern. The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time th
Key FinancialsYear ending 31/12/2025
Net Worth
£107.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£1.4M
Current Liabilities
£85k
Operating Profit
£6.7M
Profit After Tax
£6.8M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 17.05 |
Derived from filed accounts. Not audited figures.