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Cityside Electrical Co Ltd

07252278

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

25 CAMPERDOWN STREET, LONDON, E1 8DZ
Incorporated 13/05/2010

Compliance

Last accounts

30/09/2024

group

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Lee David Compton

director · Since 13/05/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Duncan Mcarthur

secretary · Since 01/02/2015

BRITISH

Mr Duncan Mcarthur

director · Since 22/03/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Lee David Compton

75–100% shares

British · England · Age 65

1st Floor, 25 Camperdown Street, Whitechapel, E1 8DZ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 26/05/2010Registered 02/06/2010

CompanyRankvs 83013+ SIC 82990 peers
34

Financial strength62th percentile among SIC peers · 16/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£8k

Balance sheet strength

Cash

£30.2M

Cash in the bank

Net Current Assets

-£190k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.4M

Fixed Assets

£30.1M

Debtors

£1.3M

Cost of Sales

£285.1M

Admin Expenses

£23.3M

Profit After Tax

£11.4M

0avg. employees

Tax at Year End

Corp tax£2.7M
Dividends paid-£480k

People Costs

Wages & salaries£47.2M

Balance Sheet

Intangible assets£845k
Assets less current liabilities£29.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92+£1059.2M
20230.96-£837.9M
20220.81-£250.1M
20210.03+£1.7M
20200.17+£2.4M
20191.73+£3.5M
20181.35

Derived from filed accounts. Not audited figures.