Wallace Electrical (Cornwall) Ltd
07337186
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/08/2010
ELECTRICIAN
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
Persons with Significant Control
Derek Wallace
British · England · Age 62
25, Lemon Street, Truro, TR1 2LS
Notified 05/08/2016
CompanyRankvs 16501+ SIC 43210 peers57
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
£4k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£231
Working capital
Current Assets
£9k
Current Liabilities
£9k
Fixed Assets
£5k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.03 | -£9k |
| 2024 | 1.59 | -£17k |
| 2023 | 2.78 | — |
Derived from filed accounts. Not audited figures.