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James Madden Offshore Limited

08225092

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

C/O AZETS BULMAN HOUSE REGENT CENTRE, NEWCASTLE UPON TYNE, NE3 3LS
Incorporated 24/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr James Madden

director · Since 24/09/2012

ELECTRICAL

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr James Madden

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

17, Blake Drive, Cramlington, NE23 1DL

Notified 01/07/2016

Mrs Lyndsey Madden

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

C/O Azets, Bulman House Regent Centre, Newcastle Upon Tyne, NE3 3LS

Notified 09/11/2021

CompanyRankvs 3277+ SIC 43210 peers
80

Financial strength93th percentile among SIC peers · 23/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.07× · 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 strength23/25 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 31/10/2024

Net Worth

£303k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£288k

Working capital

Current Assets

£381k

Current Liabilities

£94k

Fixed Assets

£16k

Debtors

£298k

2avg. employees

Tax at Year End

Corp tax£77k
VAT£17k

Director Loans

Directors owe company£68k

Balance Sheet

Assets less current liabilities£303k
Signed by Mr James Madden 14/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.07+£114k£342k
20234.09£281k

Derived from filed accounts. Not audited figures.