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Applied Electric Services Midland Limited

09851802

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LOMBARD HOUSE, LICHFIELD, WS13 6DN
Incorporated 02/11/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

35140
Trade of electricity

Officers

Mr Michael Antony Oates

director · Since 02/11/2015

ELECTRICAL SERVICES

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Michael Antony Oates

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

Lombard House, Cross Keys, Lichfield, WS13 6DN

Notified 06/04/2016

Mrs Emma Victoria Oates

25–50% shares

British · United Kingdom · Age 55

Lombard House, Cross Keys, Lichfield, WS13 6DN

Notified 06/04/2016

CompanyRankvs 1106+ SIC 35140 peers
48

Financial strength10th percentile among SIC peers · 3/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength3/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2024

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£28k

Current Liabilities

£36k

Fixed Assets

£5k

4avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76-£40k
20231.73-£16k
20221.51+£63k
20211.09-£34k
20201.67-£570k
20192.74+£532k
20181.68

Derived from filed accounts. Not audited figures.