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Current Direction Limited

09383253

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

45 HEATH WAY, ERITH, DA8 3LZ
Incorporated 12/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Joseph Harry O'Connor

director · Since 12/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Mr Edward Lee Wilkins

director · Since 01/12/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Edward Lee Wilkins

25–50% shares

British · England · Age 39

45, Heath Way, Erith, DA8 3LZ

Notified 06/04/2016

Mr Joseph Harry O'Connor

25–50% shares

British · England · Age 39

45, Heath Way, Erith, DA8 3LZ

Notified 20/12/2023

CompanyRankvs 1553+ SIC 43210 peers
84

Financial strength94th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity11/15 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 31/01/2026

Net Worth

£356k

Balance sheet strength

Cash

£172k

Cash in the bank

Net Current Assets

£346k

Working capital

Current Assets

£620k

Current Liabilities

£274k

Fixed Assets

£11k

Debtors

£447k

7avg. employees+1

Tax at Year End(2023)

Corp tax£62k
Dividends paid£93k

Balance Sheet

Assets less current liabilities£356k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.26+£94k
20252.64+£9k
20242.70+£10k
20233.05+£155k
20222.39+£14k
20212.31
20201.09
20191.36

Derived from filed accounts. Not audited figures.