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Artec Electrical Limited

08471071

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O NEUM INSOLVENCY, SUITE 9, AMBA HOUSE, HARROW, HA1 1BA
Incorporated 03/04/2013

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 17/03/2025

Due 31/03/2026

Overdue

Industry

43210
Electrical installation

Officers

Mr Robert Graham

director · Since 03/04/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr James Manser

director · Since 03/04/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Robert Graham

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

British · England · Age 47

C/O Neum Insolvency, Suite 9, Amba House, 15 College Road, Harrow, HA1 1BA

Notified 03/04/2017

Mr James Manser

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

British · England · Age 41

C/O Neum Insolvency, Suite 9, Amba House, 15 College Road, Harrow, HA1 1BA

Notified 03/04/2017

Insolvency History1 case

creditors voluntary liquidation11/06/2025

Umang Patel (practitioner)

CompanyRankvs 15+ SIC 43210 peers
24

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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 31/03/2024

Net Worth

-£113k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£189k

Current Liabilities

£270k

Fixed Assets

£4k

Debtors

£185k

7avg. employees+2

Balance Sheet

Assets less current liabilities-£77k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70+£23k
20230.26

Derived from filed accounts. Not audited figures.