Elect Resourcing Ltd
10286647
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/03/2020
COMPANY DIRECTOR
ENGLISH · UNITED KINGDOM · Age 49
Also on 5 other boards
director · Since 10/07/2023
SALES DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 2 other boards
Persons with Significant Control
Mr Neil Anthony Farrow
English · United Kingdom · Age 49
Duce Accountants 35, St. Thomas's Road, Chorley, PR7 1JE
Notified 26/01/2026
Former PSCs
Mr Peter James Leighton
Ceased 30/09/2016
Ms Rebecca Jane Mason
Ceased 10/03/2020
Elect Group Ltd
Ceased 26/01/2026
Charges1 outstanding
ECAPITAL COMMERCIAL FINANCE (NORTH) LIMITED
CYNERGY BANK LIMITED
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")
CompanyRankvs 68720+ SIC 96090 peers36
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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.
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 31/01/2025
Net Worth
-£448k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£449k
Working capital
Current Assets
£1.1M
Current Liabilities
£1.6M
Fixed Assets
£2k
Debtors
£1.1M
Tax at Year End(2022)
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.71 | -£202k |
| 2024 | 0.85 | -£203k |
| 2022 | 0.96 | -£96k |
| 2021 | 1.56 | -£74k |
| 2020 | 2.00 | — |
| 2019 | 1.97 | — |
Derived from filed accounts. Not audited figures.