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Building Wiring Solutions Limited

07853053

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

32 WOLSINGHAM DRIVE, DURHAM, DH1 5SP
Incorporated 18/11/2011

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/10/2025

Due 21/10/2026

On track

Industry

43210
Electrical installation

Officers

Mr Steven Pugh

secretary · Since 18/11/2011

Also on 1 other board

Mrs Julie Ann Burnett

director · Since 18/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mr Steven Pugh

director · Since 18/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Stephen Pugh

25–50% shares

British · England · Age 54

32, Wolsingham Drive, Durham, DH1 5SP

Notified 06/04/2016

Julie Ann Burnett

Significant control

British · England · Age 53

32, Wolsingham Drive, Durham, DH1 5SP

Notified 06/04/2016

CompanyRankvs 4925+ SIC 43210 peers
70

Financial strength81th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

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

Going Concern Doubt

are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Going concern The directors have considered the company's ability to continue as a going concern for a period in excess of 12 months from the date of this report. They have assessed the financial perf

Key FinancialsYear ending 31/10/2024

Net Worth

£62k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£315k

Current Liabilities

£159k

Fixed Assets

£27k

Debtors

£210k

8avg. employees+3

Balance Sheet

Assets less current liabilities£183k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97+£19k
20232.02

Derived from filed accounts. Not audited figures.