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Electric Foundry Ltd

11136503

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

INGRAM HOUSE, NORWICH, NR7 0TA
Incorporated 08/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

George David Frederick Dives

director · Since 08/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Daniel James Large

director · Since 08/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

George David Frederick Dives

25–50% shares
25–50% votes

British · England · Age 39

163, Byron Road, Harrow, HA3 7TD

Notified 08/01/2018

Daniel James Large

25–50% shares
25–50% votes

British · England · Age 40

Unit 2 Bramfield Business Estate, Bramfield, SG14 2FD

Notified 08/01/2018

Former PSCs

Mr Leo Mark Woolcock

Ceased 01/11/2019

CompanyRankvs 3317+ SIC 32990 peers
74

Financial strength80th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.67× · 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 strength20/25 pts

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

Employees10/15 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 31/01/2025

Net Worth

£305k

Balance sheet strength

Cash

£282k

Cash in the bank

Net Current Assets

£232k

Working capital

Current Assets

£295k

Current Liabilities

£63k

Fixed Assets

£97k

Debtors

£14k

4avg. employees+1

Balance Sheet

Assets less current liabilities£329k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.67-£61k
20244.00+£47k
20233.76

Derived from filed accounts. Not audited figures.