Switched On Electrical Solutions Ltd
10160748
Some Concerns
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2024
micro entity
Next accounts due
28/02/2026
Confirmation statement
Last: 01/06/2025
Due 15/06/2026
Industry
Officers
Former
director · Resigned 04/05/2016
Persons with Significant Control
Mr Barry Coburn
British · England · Age 45
29, Durban Road, Wallasey, CH45 7NR
Notified 15/08/2019
Change History
Active - Proposal to Strike off
Private Limited Company
29 DURBAN ROAD
MERSEYSIDE
CompanyRankvs 17551+ SIC 43210 peers56
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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 31/05/2024
Net Worth
£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1k
Working capital
Current Assets
£2k
Current Liabilities
£795
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.54 | +£12k |
| 2023 | 0.32 | — |
Derived from filed accounts. Not audited figures.