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Electric Essence Ltd

08058248

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)
  • Negative net worth (-10)

Details

147 GRANGE ROAD, ILFORD, IG1 1HA
Incorporated 04/05/2012

Compliance

Last accounts

31/05/2023

micro entity

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 25/04/2025

Due 09/05/2026

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Aamir Mushtaq

director · Since 01/09/2020

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Aamir Mushtaq

75–100% shares
75–100% votes
Appoint directors

Pakistani · United Kingdom · Age 45

147, Grange Road, Ilford, IG1 1HA

Notified 12/04/2026

CompanyRankvs 54652+ SIC 62020 peers
52

Financial strength4th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.09× · 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 strength1/25 pts

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

Employees2/15 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 31/05/2023

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£4k

Current Liabilities

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20233.09+£2k
20220.62-£37k
2021367.98

Derived from filed accounts. Not audited figures.