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Worldtech Electronics Ltd

07915132

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 11A LAKES INDUSTRIAL PARK, BRAINTREE, CM7 3RU
Incorporated 18/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Chagil Aydar

director · Since 24/12/2018

BUSINESS MANAGER

CYPRIOT · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Chagil Aydar

75–100% shares

Unit 11a, Lower Chapel Hill, Braintree, CM7 3RU

Notified 29/06/2022

Former PSCs

Mr Houseyin Selchuk

Ceased 10/04/2022

Togan Dulger

Ceased 15/07/2022

CompanyRankvs 5671+ SIC 47910 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

Longevity14/15 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 31/01/2025

Net Worth

£16k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£109k

Current Liabilities

£84k

Fixed Assets

£30k

Debtors

£8k

2avg. employees

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities£54k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29-£5k
20241.60+£10k
20231.31-£11k
20221.57-£17k
20211.42+£31k
20200.99
20190.85

Derived from filed accounts. Not audited figures.