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Wired-Right Electrical Ltd

08374061

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

10 BEECH COURT, READING, RG10 0RQ
Incorporated 24/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael John Dent

director · Since 24/01/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Michael John Dent

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

British · United Kingdom · Age 53

26, Coppice Road, Reading, RG5 3QX

Notified 06/04/2016

Mrs Alison Dent

25–50% shares
25–50% votes

British · England · Age 51

10, Beech Court, Reading, RG10 0RQ

Notified 06/04/2023

CompanyRankvs 20761+ SIC 43210 peers
56

Financial strength36th percentile among SIC peers · 9/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees13/15 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.

Longevity13/15 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 31/01/2025

Net Worth

£816

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£41k

Current Liabilities

£48k

Fixed Assets

£23k

Debtors

£29k

5avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85
20240.93
20231.24+£41k
20220.60-£18k
20211.16
20200.59
2019-1.02

Derived from filed accounts. Not audited figures.