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Go Electric Ltd

11105405

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

CWG HOUSE, MARKET RASEN, LN8 3HA
Incorporated 11/12/2017

Compliance

Last accounts

29/09/2024

micro entity

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 16/03/2025

Due 30/03/2026

Overdue

Industry

29310
Manufacture of electrical and electronic equipment for motor vehicles
33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr James Gerard Sweeney

director · Since 11/12/2017

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr James Gerard Sweeney

75–100% shares

British · United Kingdom · Age 67

48, Oakhill Road, Dronfield, S18 2EL

Notified 11/12/2017

CompanyRankvs 141+ SIC 29310 peers
58

Financial strength79th percentile among SIC peers · 20/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.25× · 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 strength20/25 pts

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

Employees12/15 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 29/09/2024

Net Worth

£64k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£24k

Current Liabilities

£97k

Fixed Assets

£6k

4avg. employees

Balance Sheet

Assets less current liabilities£51k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25+£26k
20230.26

Derived from filed accounts. Not audited figures.