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Advance Electrical Ltd

09536340

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1 WATT LANE, SHEFFIELD, S10 5NJ
Incorporated 10/04/2015

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

43210
Electrical installation

Officers

Mr Micheal Prenter

director · Since 10/04/2015

ELECTRICIAN

BRITISH · ENGLAND · Age 49

Mrs Charlotte Mary Prenter

director · Since 02/02/2018

EMPLOYED

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Michael Prenter

50–75% shares

British · England · Age 48

1, Watt Lane, Sheffield, S10 5NJ

Notified 16/05/2023

Former PSCs

Miss Katie Brooke

Ceased 24/04/2017

Mr Michael Prenter

Ceased 01/07/2022

CompanyRankvs 6008+ SIC 43210 peers
73

Financial strength77th percentile among SIC peers · 19/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.17× · 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 strength19/25 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 31/03/2025

Net Worth

£45k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£31k

Current Liabilities

£14k

Fixed Assets

£30k

2avg. employees

Balance Sheet

Assets less current liabilities£47k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£20k
20241.50+£23k
20231.00

Derived from filed accounts. Not audited figures.