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G2 Electrical Contractors Limited

10259579

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

24 PARKLANDS COURT, GATESHEAD, NE10 8YJ
Incorporated 01/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Gary Snee

director · Since 01/07/2016

ELECTRICIAN

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Gary Snee

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

British · England · Age 46

24, Parklands Court, Gateshead, NE10 8YJ

Notified 01/07/2016

Former PSCs

Mrs Lisa Snee

Ceased 09/09/2016

CompanyRankvs 15998+ SIC 43210 peers
58

Financial strength50th percentile among SIC peers · 13/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£18k

Current Liabilities

£12k

Fixed Assets

£551

2avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47-£513
20241.67+£3k
20231.99

Derived from filed accounts. Not audited figures.