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D Farnham Electrical Contractors Ltd

08031348

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

13 LONG PARK CLOSE, PLYMOUTH, PL9 9JQ
Incorporated 16/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ian John Billing

director · Since 05/10/2021

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mr Ian John Billing

significant-influence-or-control-as-firm

British · United Kingdom · Age 50

13, Long Park Close, Plymouth, PL9 9JQ

Notified 05/10/2021

Former PSCs

Mrs Nicola Jane Billing

Ceased 05/10/2021

CompanyRankvs 35856+ SIC 43210 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.47× · 2/20
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 strength0/25 pts

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

Employees1/15 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.

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 30/06/2025

Net Worth

-£352k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£358k

Working capital

Current Assets

£318k

Current Liabilities

£676k

Fixed Assets

£8k

0avg. employees

Balance Sheet

Assets less current liabilities-£350k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£140k
20240.49-£243k
20230.89

Derived from filed accounts. Not audited figures.