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Channel Electrical Systems Limited

10699469

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

UNIT 1 ATLANTIC BUSINESS PARK, HAYES LANE, PENARTH, CF64 5XU
Incorporated 30/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael Neil Perry

director · Since 30/03/2017

MANAGING DIRECTOR

WELSH · WALES · Age 60

Also on 4 other boards

Mr Alun David Lewis

director · Since 22/02/2021

ELECTRICIAN

WELSH · WALES · Age 53

Also on 1 other board

Persons with Significant Control

Mr Michael Neil Perry

25–50% shares
25–50% votes
voting-rights-25-to-50-percent-as-firm

Welsh · Wales · Age 60

Unit 1, Atlantic Business Park, Hayes Lane, Penarth, CF64 5XU

Notified 30/03/2017

CompanyRankvs 2161+ SIC 43210 peers
82

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.77× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

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

£660k

Balance sheet strength

Cash

£754k

Cash in the bank

Net Current Assets

£659k

Working capital

Current Assets

£897k

Current Liabilities

£238k

Fixed Assets

£958

Debtors

£76k

10avg. employees+1

Tax at Year End(2022)

Corp tax£6k

Balance Sheet

Assets less current liabilities£660k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20253.77+£171k
20243.95+£146k
20234.09+£131k
20226.14+£16k
20212.57

Derived from filed accounts. Not audited figures.