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Abacus Electric Limited

11360285

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 HUNTSPILL ROAD, DERBY, DE65 5HD
Incorporated 14/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Wendy Elaine Furness

director · Since 14/05/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mrs Wendy Elaine Furness

25–50% shares
75–100% votes
Appoint directors

British · England · Age 62

5, Huntspill Road, Derby, DE65 5HD

Notified 14/05/2018

Mr Rex Alan Furness

25–50% shares

British · England · Age 64

5, Huntspill Road, Derby, DE65 5HD

Notified 25/02/2022

CompanyRankvs 27175+ SIC 43210 peers
46

Financial strength52th percentile among SIC peers · 13/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio -0.17× · 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 strength13/25 pts

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

Employees8/15 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 31/05/2025

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£1k

Current Liabilities

-£6k

2avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17+£0
20250.17-£3k
20240.23-£187
20230.30

Derived from filed accounts. Not audited figures.