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Electrix Direct Ltd

09807602

active
Private Limited Company
england wales
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

PARK HOUSE, LEEDS, LS7 2BP
Incorporated 03/10/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Naeem Jamil

director · Since 03/10/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Mohammed Abbas Iqbal

secretary · Since 01/08/2023

Persons with Significant Control

Mr Naeem Jamil

75–100% shares

British · England · Age 44

Park House, Wilmington Street, Leeds, LS7 2BP

Notified 06/04/2016

CompanyRankvs 23019+ SIC 47910 peers
61

Financial strength19th percentile among SIC peers · 5/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
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 strength5/25 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.

Liquidity16/20 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 31/10/2024

Net Worth

-£2k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£77k

Current Liabilities

£40k

Fixed Assets

£3k

Debtors

£6k

3avg. employees+2

Balance Sheet

Assets less current liabilities£41k
Prepared with BTCSoftware AP Solution 2024 11.2.09

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94-£25k
20231.89+£8k
20221.75+£18k
20211.75+£21k
20200.89+£4k
20190.68+£1k
20180.76

Derived from filed accounts. Not audited figures.