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Omega Electrical Ltd

09551052

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

45 SIR BERNARD LOVELL ROAD, MALMESBURY, SN16 9FN
Incorporated 20/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Nicholas Michael Waldron

director · Since 20/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Nicholas Michael Wardon

75–100% shares

British · United Kingdom · Age 44

6, Gastons Road, Malmesbury, SN16 0BE

Notified 01/08/2016

CompanyRankvs 12590+ SIC 71129 peers
51

Financial strength3th percentile among SIC peers · 1/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 11.07× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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12590Omega Electrical Ltd
51
How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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 30/04/2023

Net Worth

-£38k

Balance sheet strength

Cash

£452

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£11k

Current Liabilities

£1k

Fixed Assets

£13k

Debtors

£11k

1avg. employees

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202311.07

Derived from filed accounts. Not audited figures.