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Ultimo Electronics Limited

08955668

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT B, NORWICH, NR6 6AQ
Incorporated 24/03/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Joshua James Hannan

director · Since 24/03/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Mr Conor Patrick Flint

director · Since 15/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Mr Lawrence James Caley

director · Since 12/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mrs Nicola Sian Daniels

director · Since 10/04/2018

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Joshua James Hannan

50–75% shares

British · United Kingdom · Age 31

Unit B, Vulcan Road North, Norwich, NR6 6AQ

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 15/08/2019Registered 20/08/2019Satisfied 18/10/2023
Charge
outstanding

LLOYDS BANK PLC

Created 18/11/2017Registered 23/11/2017

CompanyRankvs 43680+ SIC 47910 peers
73

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.82× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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.

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 31/03/2025

Net Worth

£383k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£652k

Working capital

Current Assets

£1.4M

Current Liabilities

£797k

Fixed Assets

£181k

Debtors

£397k

20avg. employees

Balance Sheet

Intangible assets£54k
Bank loans & overdrafts£2k
Assets less current liabilities£833k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.82-£28k
20242.31-£10k
20232.24-£42k
20193.24

Derived from filed accounts. Not audited figures.