Back to search

I.B. Electrical (London) Limited

07490064

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

STERLING HOUSE, WALTHAMSTOW, E17 4EE
Incorporated 12/01/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Bernard Thomas

director · Since 12/01/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Bernard Thomas

75–100% shares

British · United Kingdom · Age 50

Sterling House, Fulbourne Road, Walthamstow, E17 4EE

Notified 06/04/2016

CompanyRankvs 32063+ SIC 43210 peers
41

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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 28/02/2025

Net Worth

-£11k

Balance sheet strength

Cash

£18

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£29k

Current Liabilities

£53k

Fixed Assets

£34k

Debtors

£17k

Profit After Tax

-£11k

1avg. employees

Tax at Year End(2024)

Dividends paid£8k

Balance Sheet

Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.55
20240.81
20230.55

Derived from filed accounts. Not audited figures.