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Fresh Electrical Solutions Ltd

10043262

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 3 ORION COURT, BASILDON, SS14 3DB
Incorporated 04/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Andrew Glen Karlettis

director · Since 04/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Andrew Glen Karlettis

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

British · England · Age 40

108a Brock Hill, Southwold Farm, Chelmsford, SS11 7NX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/08/2021Registered 18/08/2021
Charge
outstanding

HSBC UK BANK PLC

Created 13/05/2021Registered 17/05/2021

CompanyRankvs 1423+ SIC 43210 peers
75

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.18× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1423Fresh Electrical Solutions Ltd
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity10/15 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 31/03/2025

Net Worth

£4.1M

Balance sheet strength

Cash

£231k

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£4.3M

Current Liabilities

£1.0M

Fixed Assets

£933k

Debtors

£3.6M

20avg. employees-12

Tax at Year End

Corp tax£632k

Balance Sheet

Assets less current liabilities£4.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.18+£1.5M
20243.41+£1.1M
20231.88—

Derived from filed accounts. Not audited figures.