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Springwell Projects Limited

10883843

active
ltd
england wales
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)
  • Negative net worth (-10)

Details

Cambridge House, 16 High Street, Saffron Walden, CB10 1AX
Incorporated 26/07/2017

Previously known as

Al Platten Electrics Limited · until 18/10/2017

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

43210
Electrical installation

Officers

Tayler Bradshaw Limited

corporate secretary · Since 26/07/2017

Reg: 4091980

Alan Bacon

director · Since 18/10/2017

British · England · Age 68

Former

Alan Platten

director · Resigned 18/10/2017

Persons with Significant Control

Mr Alan Bacon

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

Springwell Cottage, Walden Road, Little Chesterford, CB10 1UE

Notified 18/10/2017

Former PSCs

Mr Alan Platten

Ceased 18/10/2017

Change History

officer appointedTAYLER BRADSHAW LIMITED
2026-06-04
officer appointedBACON, Alan
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Cambridge House
2026-06-04

CAMBRIDGE HOUSE

post townSaffron Walden
2026-06-04

SAFFRON WALDEN

CompanyRankvs 38326+ SIC 43210 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength1/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/07/2024

Net Worth

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£7k

Current Liabilities

£46k

1avg. employees

Balance Sheet

Assets less current liabilities-£40k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£36k
20230.24-£525
20220.26-£524
20210.31-£792
20200.52
20191.04
20180.95

Derived from filed accounts. Not audited figures.