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National Electrical Solutions Limited

09435006

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

18 RIVERSMEADE, LEIGH, WN7 1JA
Incorporated 11/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Andrew Leslie Letman

director · Since 11/02/2015

ELECTRICIAN

BRITISH · ENGLAND · Age 52

Mr Michael John Letman

director · Since 11/02/2015

ELECTRICIAN

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Andrew Leslie Letman

25–50% shares
25–50% votes

British · England · Age 52

18, Riversmeade, Leigh, WN7 1JA

Notified 06/04/2016

Mr Michael John Letman

25–50% shares
25–50% votes

British · England · Age 56

18, Riversmeade, Leigh, WN7 1JA

Notified 06/04/2016

CompanyRankvs 29444+ SIC 43210 peers
46

Financial strength6th percentile among SIC peers · 2/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.51× · 6/20
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 strength2/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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 29/02/2024

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£19k

Current Liabilities

£38k

Fixed Assets

£16k

3avg. employees+1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£15k
20231.24

Derived from filed accounts. Not audited figures.