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Failsworth Electrical (Nw) Limited

11385327

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

UNIT 20 FAILSWORTH INDUSTRIAL EST MORTON STREET, MANCHESTER, M35 0BN
Incorporated 26/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Mark Edward Lomas

director · Since 26/05/2018

ELECTRICIAN

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Mark Edward Lomas

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

British · England · Age 50

Unit 20 Failsworth Industrial Est, Morton Street, Manchester, M35 0BN

Notified 26/05/2018

CompanyRankvs 10370+ SIC 43210 peers
70

Financial strength72th percentile among SIC peers · 18/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.6× · 16/20
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 strength18/25 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.

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

£30k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£60k

Current Liabilities

£38k

Fixed Assets

£23k

Debtors

£34k

5avg. employees

Tax at Year End(2024)

Corp tax£6k

Director Loans

Company owes directors£156
Directors owe company£2k

Balance Sheet

Assets less current liabilities£46k
Signed by Mr Mark Lomas 16/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60-£2k
20241.51-£33k
20231.77+£28k
20221.43+£15k
20211.24
202012.11
201912.11

Derived from filed accounts. Not audited figures.