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Elcon Electrical Ltd.

09429603

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

387 COPPERFIELD, CHIGWELL, IG7 5NR
Incorporated 09/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43290
Other construction installation
43341
Painting
43390
Other building completion and finishing

Officers

Mr Radoslav Nikolaev Radev

director · Since 09/02/2015

ELECTRICIAN

BULGARIAN · UNITED KINGDOM · Age 50

Mrs Milena Ivanova Gileva

director · Since 15/06/2018

DIRECTOR

BULGARIAN · ENGLAND · Age 46

Persons with Significant Control

Mr Radoslav Nikolaev Radev

Significant control

Bulgarian · England · Age 50

387, Copperfield, Chigwell, IG7 5NR

Notified 06/04/2016

CompanyRankvs 9569+ SIC 43210 peers
67

Financial strength53th percentile among SIC peers · 13/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.56× · 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 strength13/25 pts

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

Employees8/15 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 28/02/2025

Net Worth

£8k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£85k

Current Liabilities

£33k

Debtors

£9k

2avg. employees

Balance Sheet

Assets less current liabilities£52k
Signed by 29.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.56+£3k
20243.52-£459
20231.80
2022270.47
202168.31-£9k
20205.61+£5k
20192.83

Derived from filed accounts. Not audited figures.