Performance Electrical Holdings Limited
09404582
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
director · Since 06/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 3 other boards
director · Since 06/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 2 other boards
Persons with Significant Control
Performance Electrical Group Limited
123, Radcliffe Road, Bury, BL9 9LD
Reg: 16475266 · Uk Companies House · Limited Company
Notified 06/06/2025
Former PSCs
Mr Michael Andrew Corris
Ceased 06/06/2025
CompanyRankvs 19237+ SIC 43210 peers48
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/03/2025
Net Worth
£871k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£379k
Working capital
Current Assets
£395k
Current Liabilities
£774k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.51 | +£0 |
| 2024 | 0.51 | +£0 |
| 2023 | 0.51 | +£0 |
| 2022 | 0.51 | +£0 |
| 2021 | 0.51 | — |
Derived from filed accounts. Not audited figures.