Live Electrical Distribution (Uk) Limited
07429017
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/11/2023
MANAGER ASSISTANT
BRITISH · ENGLAND · Age 44
Also on 1 other board
Persons with Significant Control
Mr Youbing Xu
Chinese · China · Age 53
4, Queensmead Place, Manchester, M17 1PH
Notified 06/04/2016
Charges0 outstanding
SKIPTON BUSINESS FINANCE LIMITED
CompanyRankvs 546+ SIC 46439 peers50
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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 30/11/2024
Net Worth
-£497k
Balance sheet strength
Cash
£182k
Cash in the bank
Net Current Assets
-£530k
Working capital
Current Assets
£3.0M
Current Liabilities
£3.6M
Fixed Assets
£43k
Debtors
£1.1M
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.85 | -£581k | — |
| 2023 | 1.02 | +£130k | — |
| 2022 | 1.04 | -£743k | £6.3M |
| 2021 | 1.50 | +£815k | £5.5M |
| 2020 | 1.10 | -£67k | £1.4M |
| 2019 | 1.18 | -£57k | £1.8M |
| 2018 | 1.00 | — | £894k |
Derived from filed accounts. Not audited figures.