Lovett Electrical Installations Limited
08601511
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/07/2013
ELECTRICAL CONTRACTORS
BRITISH · ENGLAND · Age 42
Persons with Significant Control
Mr Kevin Peter David Lovett
British · England · Age 42
The Hollies, Park Lane, Lincoln, LN4 1RF
Notified 14/07/2016
CompanyRankvs 31306+ SIC 43210 peers42
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£82k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£60k
Working capital
Current Assets
£194k
Current Liabilities
£254k
Fixed Assets
£171k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.77 | -£129k |
| 2024 | 1.36 | -£78k |
| 2023 | 1.49 | — |
Derived from filed accounts. Not audited figures.