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4 Way Electrical Limited

08248620

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3, NORTH LYNN BUSINESS VILLAGE BERGEN WAY, KING'S LYNN, PE30 2JG
Incorporated 11/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Neil Ivan Jordan

director · Since 11/10/2012

ENGINEER

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Mr Stuart Olley

director · Since 24/10/2012

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 51

Also on 6 other boards

Mr Stephen James Simpson

director · Since 01/11/2013

ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Mr Jacob Holloway

director · Since 01/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

4 Way Electrical Eot Ltd

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

Unit 3, North Lynn Business Village, Bergen Way, King's Lynn, PE30 2JG

Reg: 14632969 · England & Wales · Trust

Notified 20/02/2023

Former PSCs

Mr Neil Ivan Jordan

Ceased 20/02/2023

Mr Stephen James Simpson

Ceased 20/02/2023

Mr Stuart Olley

Ceased 20/02/2023

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 22/05/2020Registered 27/05/2020

CompanyRankvs 10095+ SIC 43210 peers
61

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£102k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£768k

Current Liabilities

£785k

Fixed Assets

£357k

Debtors

£602k

12avg. employees-1

Balance Sheet

Assets less current liabilities£340k
Signed by Mr N Jordan 24 December 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£16k
20231.01

Derived from filed accounts. Not audited figures.