Waites Electrical Ltd
08270085
Some Concerns
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 23/05/2025
Due 06/06/2026
Industry
Officers
director · Since 26/10/2012
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 3 other boards
Persons with Significant Control
Mr Richard Lewthwaite
British · England · Age 41
1066, London Road, Leigh-On-Sea, SS9 3NA
Notified 20/10/2016
Former PSCs
Miss Nicola West
Ceased 20/12/2017
Insolvency History1 case
Wayne Macpherson (practitioner) · Louise Donna Baxter (practitioner)
CompanyRankvs 10720+ SIC 43210 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Insolvency history: -10 pts
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
£20k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£33k
Current Liabilities
£17k
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.88 | +£0 |
| 2025 | 1.88 | -£6k |
| 2024 | 2.51 | -£5k |
| 2023 | 3.01 | — |
Derived from filed accounts. Not audited figures.