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Nick Westlake Electrical Ltd

08003479

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

142-143 PARROCK STREET, GRAVESEND, DA12 1EY
Incorporated 23/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Nicholas Robert Westlake

director · Since 23/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Mrs Rachel Louise Westlake

director · Since 01/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Nicholas Robert Westlake

25–50% shares
25–50% votes

British · England · Age 43

142-143 Parrock Street, Gravesend, DA12 1EY

Notified 23/01/2017

Mrs Rachel Louise Westlake

25–50% shares
25–50% votes

British · England · Age 41

142-143 Parrock Street, Gravesend, DA12 1EY

Notified 23/01/2017

CompanyRankvs 4041+ SIC 43210 peers
77

Financial strength79th percentile among SIC peers · 20/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.19× · 20/20
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 strength20/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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 31/03/2025

Net Worth

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£101k

Current Liabilities

£46k

2avg. employees

Balance Sheet

Assets less current liabilities£55k
Signed by Mr Nick Westlake 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.19
20241.35
20234.13+£2k
20223.52+£3k
20213.28+£10k
20202.12-£7k
20191.72

Derived from filed accounts. Not audited figures.