Butco Electrical Ltd
09533242
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 31/10/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 8 other boards
director · Since 31/10/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 1 other board
Persons with Significant Control
Mr Scott John Wright
British · England · Age 51
Trinity House, Kingsbury Road, Sutton Coldfield, B76 9DD
Notified 31/10/2019
Mr James Roderick Tough
British · United Kingdom · Age 52
Trinity House, Kingsbury Road, Sutton Coldfield, B76 9DD
Notified 31/10/2019
Mr Antony Paul Mynard
British · England · Age 64
Trinity House, Kingsbury Road, Sutton Coldfield, B76 9DD
Notified 31/10/2019
Mr Stephen Wickett
British · United Kingdom · Age 58
Trinity House, Kingsbury Road, Sutton Coldfield, B76 9DD
Notified 31/10/2019
Former PSCs
Trinity Heatcare Ltd
Ceased 31/10/2019
Mr Stephen Wickett
Ceased 31/10/2019
CompanyRankvs 28210+ SIC 43210 peers47
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£90k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£90k
Working capital
Current Assets
£283k
Current Liabilities
£373k
Debtors
£267k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.76 | +£14k |
| 2024 | 0.79 | -£35k |
| 2023 | 0.86 | +£33k |
| 2022 | 0.80 | -£73k |
| 2021 | 1.05 | — |
| 2020 | 1.20 | — |
| 2019 | 1.28 | — |
| 2018 | 1.76 | — |
Derived from filed accounts. Not audited figures.