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Braintree Electric Forecourt Ltd

10268643

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNITS 9 & 10 WESTERNGATE, SWINDON, SN5 5WN
Incorporated 08/07/2016

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

35130
Distribution of electricity

Officers

Mr David Mel Zuydam

director · Since 18/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 49 other boards

Persons with Significant Control

Gridserve Eh Ltd

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

Thorney Weir House, Thorney Mill Lane, Iver, SL0 9AQ

Notified 07/07/2023

Former PSCs

Mr Toddington Harper

Ceased 07/07/2023

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 20/07/2023Registered 24/07/2023
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 01/06/2021Registered 09/06/2021Satisfied 26/07/2023
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 11/03/2021Registered 12/03/2021Satisfied 26/07/2023
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 30/03/2020Registered 02/04/2020Satisfied 26/07/2023

CompanyRankvs 699+ SIC 35130 peers
20

Financial strength1th percentile among SIC peers · 0/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£3.2M

Balance sheet strength

Cash

£239k

Cash in the bank

Net Current Assets

-£10.1M

Working capital

Current Assets

£452k

Current Liabilities

£10.5M

Fixed Assets

£7.8M

Debtors

£176k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£2.3M
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£952k
20230.06-£495k
20220.41-£473k
20210.63

Derived from filed accounts. Not audited figures.