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Wills Electrics Ltd

09293227

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 2 ROCKFIELD INDUSTRIAL ESTATE, HEREFORD, HR1 2UA
Incorporated 03/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Michelle Williams

director · Since 03/11/2014

DESIGN

BRITISH · UNITED KINGDOM · Age 50

Mr Timothy Ian Williams

director · Since 03/11/2014

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Timothy Ian Williams

25–50% shares

British · United Kingdom · Age 52

Unit 2, Rockfield Industrial Estate, Hereford, HR1 2UA

Notified 06/04/2016

Mrs Michelle Williams

25–50% shares

British · United Kingdom · Age 50

Unit 2, Rockfield Industrial Estate, Hereford, HR1 2UA

Notified 06/04/2016

CompanyRankvs 6067+ SIC 43210 peers
74

Financial strength83th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength21/25 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.

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 31/12/2025

Net Worth

£76k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£153k

Current Liabilities

£106k

Fixed Assets

£141k

Debtors

£83k

13avg. employees-1

Balance Sheet

Assets less current liabilities£187k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.44+£21k
20241.23-£17k
20231.40

Derived from filed accounts. Not audited figures.