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Hancock Electrical Limited

08447323

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 BALLARD WAY, WORCESTER, WR7 4FF
Incorporated 15/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Laurence Paul Hancock

director · Since 15/03/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 42

Mrs Alison Marie Hancock

secretary · Since 23/03/2016

Persons with Significant Control

Mr Laurence Paul Hancock

75–100% shares

British · England · Age 42

3, Ballard Way, Worcester, WR7 4FF

Notified 30/06/2016

CompanyRankvs 12885+ SIC 43210 peers
62

Financial strength56th percentile among SIC peers · 14/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.25× · 12/20
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 strength14/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£81k

Current Liabilities

£65k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£20k
Signed by 08447323 2024-04-01 2025-03-31 08447323 2025-03-31 08447323 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20251.25
20241.21
20231.28

Derived from filed accounts. Not audited figures.