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Best Electric Solutions Limited

10935509

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

61 CRANLEY DRIVE, ILFORD, IG2 6AJ
Incorporated 29/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Balwinder Singh

director · Since 29/08/2017

ELECTRICIAN

INDIAN · ENGLAND · Age 38

CompanyRankvs 22724+ SIC 74909 peers
59

Financial strength6th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 14.41× · 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 strength2/25 pts

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

Employees13/15 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 31/08/2025

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£64k

Current Liabilities

£4k

Fixed Assets

£2k

3avg. employees+1

Balance Sheet

Assets less current liabilities£81k
Prepared with v2026.18.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
202514.41-£13k
20241.30+£3k
20231.19

Derived from filed accounts. Not audited figures.