Initial Electrical Limited
08865369
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/01/2014
ELECTRICIAN
BRITISH · UNITED KINGDOM · Age 43
Also on 2 other boards
Persons with Significant Control
Mr Robert Walsh
British · United Kingdom · Age 43
Independence House, Holly Bank Road, Huddersfield, HD3 3LX
Notified 01/07/2016
Former PSCs
Miss Rebecca Pamela Antich
Ceased 27/05/2020
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
CompanyRankvs 4108+ SIC 43210 peers72
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£368k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
£354k
Working capital
Current Assets
£739k
Current Liabilities
£385k
Fixed Assets
£19k
Debtors
£566k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.92 | +£111k |
| 2024 | 2.86 | +£47k |
| 2023 | 2.49 | — |
Derived from filed accounts. Not audited figures.