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Platinum Electrical Contracting Ltd

08680569

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 06/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Andrew Stone

director · Since 29/04/2014

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 46

Mr Gregory Thomas Brian Wallen

director · Since 29/04/2014

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Gregory Thomas Brian Wallen

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 38

20-22, Wenlock Road, London, N1 7GU

Notified 06/09/2016

Mr Andrew Stone

25–50% shares
25–50% votes

British · United Kingdom · Age 46

20-22 Wenlock Road, London, N1 7GU

Notified 06/09/2017

CompanyRankvs 4508+ SIC 43210 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
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 strength23/25 pts

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

Employees14/15 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 30/09/2024

Net Worth

£298k

Balance sheet strength

Cash

£237k

Cash in the bank

Net Current Assets

£372k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.5M

Fixed Assets

£63k

Debtors

£1.6M

14avg. employees+2

Balance Sheet

Assets less current liabilities£435k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25+£266k
20231.12+£1k
20211.14-£2k
20201.20
20190.99
20181.02

Derived from filed accounts. Not audited figures.