Spear Electrical (London) Ltd
09971405
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 26/01/2026
Due 09/02/2027
Industry
Officers
Persons with Significant Control
Mr Luke James Spear
British · England · Age 39
80, Newfields, Welwyn Garden City, AL8 6YT
Notified 06/04/2016
Change History
Active
Private Limited Company
80 NEWFIELDS
WELWYN GARDEN CITY
CompanyRankvs 34735+ SIC 43210 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2026
Net Worth
£1
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£835
Working capital
Current Assets
£15k
Current Liabilities
£16k
Fixed Assets
£122
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 0.95 |
| 2025 | 1.04 |
| 2024 | 1.21 |
| 2023 | 2.96 |
Derived from filed accounts. Not audited figures.