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Nw Electrical Installations Ltd

11138230

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

COMMODORE HOUSE, 51, COLWYN BAY, LL29 7AW
Incorporated 08/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Colm Paul O'Connor

director · Since 08/01/2018

ELECTRICIAN

BRITISH · WALES · Age 31

Also on 6 other boards

Persons with Significant Control

Mr Colm Paul O'Connor

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

British · Wales · Age 31

44 Maes Alltwen, Dwygyfylchi, Penmaenmawr, LL34 6UA

Notified 08/01/2018

CompanyRankvs 8947+ SIC 43210 peers
62

Financial strength78th percentile among SIC peers · 20/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8947Nw Electrical Installations Ltd
68
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.

Employees13/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/01/2026

Net Worth

£50k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£120k

Current Liabilities

£63k

Fixed Assets

£30k

Debtors

£89k

5avg. employees+1

Tax at Year End(2022)

Corp tax£1k
Dividends paid£2k

Balance Sheet

Assets less current liabilities£87k
Signed by Mr C O'Connor 25 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.92+£38k
20251.53-£2k
20243.61+£19k
20232.45-£10k
20223.46-£8k
20212.97—

Derived from filed accounts. Not audited figures.