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Code Electrical Ltd

11509762

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

B06 FUEL TANK BUSINESS CENTRE, LONDON, SE8 3DX
Incorporated 09/08/2018

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 17/02/2026

Due 03/03/2027

On track

Industry

43210
Electrical installation

Officers

Mr Joe Gibson

director · Since 21/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Joseph Dean Thornton

director · Since 01/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr Joe Gibson

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Fuel Tank Business Centre, Creekside, London, SE8 3DX

Notified 21/05/2020

Mr Joseph Dean Thornton

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Fuel Tank Business Centre, Creekside, London, SE8 3DX

Notified 01/12/2020

Former PSCs

Mr Michael Richard James

Ceased 21/05/2020

CompanyRankvs 10940+ SIC 43210 peers
69

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.56× · 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 strength19/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£37k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£91k

Current Liabilities

£59k

Fixed Assets

£58k

Debtors

£40k

3avg. employees

Balance Sheet

Assets less current liabilities£91k
Signed by Mr Joe Gibson Mr Joseph Thornton 27/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56-£46k
20241.80+£11k
20231.88

Derived from filed accounts. Not audited figures.