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Nulectrics Ltd

10595774

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)
  • Going concern doubt noted in accounts (-10)

Details

62 ROWE MEAD ROWE MEAD, CHIPPENHAM, SN15 3YR
Incorporated 01/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity
43210
Electrical installation

Officers

Mr Alexander Greenman

director · Since 01/02/2017

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Alexander Greenman

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
significant-influence-or-control-as-trust

British · United Kingdom · Age 37

62 Rowe Mead, Rowe Mead, Chippenham, SN15 3YR

Notified 01/02/2017

CompanyRankvs 1094+ SIC 35140 peers
36

Financial strength9th percentile among SIC peers · 2/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 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.

Longevity9/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 28/02/2026

Net Worth

-£21k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£128k

Current Liabilities

£195k

Fixed Assets

£46k

Debtors

£49k

6avg. employees+2

Balance Sheet

Assets less current liabilities-£21k
Signed by Alexander Greenman 08/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.65-£25k
20250.83-£28k
20241.03-£21
20231.09+£169
20221.07+£24k
20210.75—

Derived from filed accounts. Not audited figures.