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Electric East Limited

07840817

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

UNIT 13, KINGSWAY HOUSE KINGSWAY, GATESHEAD, NE11 0HW
Incorporated 09/11/2011

Compliance

Last accounts

30/11/2023

total exemption full

Next accounts due

31/08/2025

Overdue

Confirmation statement

Last: 13/12/2024

Due 27/12/2025

Overdue

Industry

56101
Licensed restaurants
56302
Public houses and bars
62020
Information technology consultancy activities

Officers

Philip Mark Collerton

director · Since 09/11/2011

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Philip Mark Collerton

75–100% shares

British · United Kingdom · Age 63

Unit 13, Kingsway House, Kingsway, Gateshead, NE11 0HW

Notified 31/08/2016

Charges1 outstanding

charge
outstanding

PHILIP COLLERTON

Created 05/12/2011Registered 09/12/2011

Insolvency History1 case

creditors voluntary liquidation08/04/2025

Sean Williams (practitioner) · Iain David Nairn (practitioner)

CompanyRankvs 15+ SIC 56101 peers
2

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Turnover is attributable to the continuing principal activity of the company and arose whol

Key FinancialsYear ending 30/11/2023

Net Worth

-£1.1M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£38k

Current Liabilities

£1.1M

Fixed Assets

£10k

Debtors

£19k

22avg. employees

Balance Sheet

Assets less current liabilities-£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.03

Derived from filed accounts. Not audited figures.