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Hybrid Electrical Solutions Ltd

08709036

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 AGECROFT NETWORK CENTRE LAMPLIGHT WAY, MANCHESTER, M27 8UJ
Incorporated 27/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Philip James Mccabe

director · Since 27/09/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 3 other boards

Mr Jake Victor Flint

director · Since 30/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 3 other boards

Persons with Significant Control

Hybrid Solutions Group Limited

75–100% shares
75–100% votes

Agecroft Network Centre, Unit 2, Lamplight Way, Manchester, M27 8UJ

Reg: 13791780 · Companies House · Company Limited By Shares

Notified 13/10/2022

Former PSCs

Mr Philip Mccabe

Ceased 13/10/2022

Mr Christopher Stephen Mccormack

Ceased 14/11/2018

CompanyRankvs 3678+ SIC 43210 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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3678Hybrid Electrical Solutions Ltd
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

£334k

Balance sheet strength

Cash

£248k

Cash in the bank

Net Current Assets

£384k

Working capital

Current Assets

£1.3M

Current Liabilities

£960k

Fixed Assets

£116k

Debtors

£1.1M

17avg. employees+2

Tax at Year End(2020)

Corp tax£70k

Balance Sheet

Assets less current liabilities£500k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40+£176k
20231.33+£46k
20221.18+£45k
20211.39+£19k
20201.33+£31k
20191.06-£63k
20181.65—

Derived from filed accounts. Not audited figures.