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West Sussex Electrical Limited

09197239

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

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 01/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Mr Martin Edward Miles

director · Since 01/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Kevin Lee Miles

director · Since 01/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Kevin Miles

50–75% shares
50–75% votes
Significant control

British · England · Age 46

7 Coleridge Crescent, Littlehampton, BN17 7FJ

Notified 06/04/2016

Former PSCs

Emma Jenkin

Ceased 26/03/2019

CompanyRankvs 225+ SIC 35140 peers
74

Financial strength78th percentile among SIC peers · 20/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.07× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£27k

Current Liabilities

£9k

Fixed Assets

£25k

1avg. employees

Balance Sheet

Assets less current liabilities£46k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.07+£277
20232.29+£3k
20222.54+£4k
20211.70+£1k
20201.45
20190.42
20180.65

Derived from filed accounts. Not audited figures.