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Jolec Electrical Supplies Limited

09750652

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 2 EMPIRE CENTRE, WATFORD, WD24 4YH
Incorporated 26/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Barry John Mckay

secretary · Since 26/08/2015

Also on 1 other board

Mr Barry John Mckay

director · Since 09/10/2015

SALESMAN

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Sarah Mckay

director · Since 01/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Barry John Mckay

75–100% shares
75–100% votes
Appoint directors

British · England · Age 48

Unit 2, Empire Centre, Watford, WD24 4YH

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/05/2024Registered 30/05/2024
Charge
satisfied

CES ELECTRICAL SUPPLIES LTD

Created 19/10/2016Registered 28/10/2016Satisfied 18/05/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 13/07/2016Registered 13/07/2016Satisfied 12/11/2024

CompanyRankvs 6929+ SIC 82990 peers
73

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£390k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£465k

Current Liabilities

£208k

Fixed Assets

£145k

Debtors

£197k

6avg. employees-1

Tax at Year End

Corp tax£20k
VAT£14k

Director Loans

Company owes directors£6k

Balance Sheet

Intangible assets£100k
Assets less current liabilities£402k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.23+£6k£289k
20232.01+£28k
20221.67+£73k
20211.50+£79k
20201.50+£109k
20191.07+£40k
20181.08

Derived from filed accounts. Not audited figures.