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Enhance Electrical Services Ltd

10335162

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SECOND FLOOR, WORTHING, BN11 1TF
Incorporated 18/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ryan Wadey

director · Since 18/08/2016

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 34

Darcey Wadey

secretary · Since 25/01/2023

Persons with Significant Control

Ryan Wadey

50–75% shares
Appoint directors

British · England · Age 34

Second Floor, 3 Liverpool Gardens, Worthing, BN11 1TF

Notified 18/08/2016

Mrs Darcey Monica Wadey

25–50% shares

British · England · Age 34

Second Floor, 3 Liverpool Gardens, Worthing, BN11 1TF

Notified 25/01/2023

Former PSCs

Paul Bennett

Ceased 01/06/2021

CompanyRankvs 36859+ SIC 43210 peers
35

Financial strength12th percentile among SIC peers · 3/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.83× · 6/20
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 strength3/25 pts

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

Employees1/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

-£194

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£100k

Current Liabilities

£120k

Fixed Assets

£54k

Debtors

£100k

0avg. employees

Balance Sheet

Assets less current liabilities£34k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83
20250.83
20240.87+£6k
20231.04

Derived from filed accounts. Not audited figures.