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True Electrical Services Limited

07429651

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT A3 BROOMSLEIGH BUSINESS PARK, LONDON, SE26 5BN
Incorporated 04/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr Simon Frosdick

director · Since 04/11/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Simon Frosdick

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Unit A3, Broomsleigh Business Park, London, SE26 5BN

Notified 06/04/2016

Margaret Mary Frosdick

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Unit A3, Broomsleigh Business Park, London, SE26 5BN

Notified 06/04/2016

CompanyRankvs 1062+ SIC 33140 peers
66

Financial strength42th percentile among SIC peers · 11/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1062True Electrical Services Limited
66
How is this score calculated?
Financial strength11/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 30/11/2024

Net Worth

£2k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£178k

Current Liabilities

£150k

Debtors

£118k

5avg. employees-1

Tax at Year End

Corp tax£23k

Balance Sheet

Assets less current liabilities£28k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19-£13k
20231.66—

Derived from filed accounts. Not audited figures.