Express Electrical Distributors Limited
07388659
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/10/2010
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 7 other boards
director · Since 26/07/2022
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 3 other boards
Persons with Significant Control
E.E.D. (Holdings) Limited
Xeinadin Manchester, 100 Barbirolli Square, Manchester, M2 3BD
Reg: 09278701 · Companies House · Limited By Shares
Notified 15/11/2016
Former PSCs
Mr Barry Conrad Jackson
Ceased 15/11/2016
Mr Simon Peter Jackson
Ceased 15/11/2016
Charges2 outstanding
LLOYDS BANK PLC
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)
LLOYDS BANK COMMERCIAL FINANCE LTD
ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC
CompanyRankvs 27240+ SIC 46900 peers65
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£16.6M
Annual revenue
Net Worth
£3.1M
Balance sheet strength
Cash
£191k
Cash in the bank
Profit Before Tax
£281k
Bottom line earnings
Net Current Assets
£2.7M
Working capital
Current Assets
£6.8M
Current Liabilities
£4.1M
Fixed Assets
£574k
Debtors
£5.1M
Cost of Sales
£12.2M
Gross Profit
£4.4M
Admin Expenses
£4.1M
Operating Profit
£303k
Profit After Tax
£209k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.67 | +£208k |
| 2023 | 1.53 | +£693k |
| 2021 | 1.60 | +£353k |
| 2020 | 1.73 | +£291k |
| 2019 | 1.43 | +£159k |
| 2018 | 1.36 | — |
Derived from filed accounts. Not audited figures.