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Phase Elec Ltd

11295655

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2A TRINITY ROAD, LEICESTER, LE19 2BU
Incorporated 06/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr James Michael Taffinder

director · Since 06/04/2018

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr James Michael Taffinder

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

British · United Kingdom · Age 33

2a Trinity Road, Enderby, Leicester, LE19 2BU

Notified 06/04/2018

CompanyRankvs 29828+ SIC 43210 peers
41

Financial strength6th percentile among SIC peers · 2/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

Employees14/15 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.

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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£44k

Current Liabilities

£92k

Fixed Assets

£69k

6avg. employees+3

Tax at Year End(2021)

VAT£15k

Director Loans(2021)

Company owes directors£7k

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.48-£2k
20240.65+£10k
20230.48-£7k
20220.68
20211.27£294k
20201.43
20190.89

Derived from filed accounts. Not audited figures.