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Nad Electrics Ltd

10749741

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

22 ALISON CLOSE, LONDON, E6 5NJ
Incorporated 02/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Nicholas Daniels

director · Since 02/05/2017

ELECTRICIAN

ENGLISH · ENGLAND · Age 57

Persons with Significant Control

Nicholas Daniels

Significant control

English · England · Age 57

22, Alison Close, London, E6 5NJ

Notified 02/05/2017

CompanyRankvs 21730+ SIC 43210 peers
51

Financial strength24th percentile among SIC peers · 6/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 7.45× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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21730Nad Electrics Ltd
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How is this score calculated?
Financial strength6/25 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.

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 31/05/2024

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£6k

Current Liabilities

£795

Debtors

£3k

-1avg. employees
Prepared with v2024.67.2 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20247.45
20236.12
20221.95
20211.29
2020NaN

Derived from filed accounts. Not audited figures.