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Joule Electrical Ltd

07366497

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 MILLWOOD CLOSE, WIGAN, WN4 8DP
Incorporated 06/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Adrian Barnett

director · Since 06/09/2010

ELECTRICIAN

BRITISH · ENGLAND · Age 65

Mrs Diane Rose Barnett

director · Since 20/03/2022

SALES ASSISTANT

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Adrian Barnett

Significant control

British · England · Age 65

2, Millwood Close, Wigan, WN4 8DP

Notified 06/09/2016

CompanyRankvs 20459+ SIC 43210 peers
72

Financial strength75th percentile among SIC peers · 19/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio Infinity× · 20/20
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 strength19/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/09/2025

Turnover

£37k

Annual revenue

Net Worth

£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£21k

Current Liabilities

£0

Fixed Assets

£16k

Profit After Tax

£4k

1avg. employees

Balance Sheet

Depreciation£5k
Assets less current liabilities£38k
Signed by 1.10.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity-£643
2024Infinity-£3k
2023Infinity

Derived from filed accounts. Not audited figures.