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Credland Electrical Limited

08488181

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

5 RAYMOND ROAD, SCUNTHORPE, DN16 2LN
Incorporated 15/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Adam Raymond Credland

director · Since 15/04/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 46

Mrs Michelle Credland

director · Since 15/04/2013

NURSERY NURSE

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Adam Raymond Credland

75–100% shares

British · England · Age 46

5, Raymond Road, Scunthorpe, DN16 2LN

Notified 06/04/2016

CompanyRankvs 21337+ SIC 43210 peers
55

Financial strength51th percentile among SIC peers · 13/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.97× · 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 strength13/25 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.

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 30/04/2026

Net Worth

£7k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£668

Working capital

Current Assets

£23k

Current Liabilities

£24k

Fixed Assets

£16k

Debtors

£10k

Profit After Tax

£14k

2avg. employees

Tax at Year End

Dividends paid£15k

Balance Sheet

Assets less current liabilities£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.97-£924
20250.99
20241.03
20231.37

Derived from filed accounts. Not audited figures.