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Worx Electrical Ltd

11576871

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 29 JBJ BUSINESS PARK NORTHAMPTON ROAD, NORTHAMPTON, NN7 3DW
Incorporated 19/09/2018

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/09/2025

Due 02/10/2026

On track

Industry

43210
Electrical installation

Officers

Mr Luke Paul Rycraft

director · Since 19/09/2018

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Luke Paul Rycraft

25–50% shares
25–50% votes

British · England · Age 37

Unit 29 Jbj Business Park, Northampton Road, Northampton, NN7 3DW

Notified 19/09/2018

Former PSCs

Mr Richard Douglas Urquhart

Ceased 17/01/2022

CompanyRankvs 6140+ SIC 43210 peers
74

Financial strength91th percentile among SIC peers · 23/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.65× · 20/20
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 strength23/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£201k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£165k

Working capital

Current Assets

£265k

Current Liabilities

£100k

Fixed Assets

£42k

2avg. employees

Balance Sheet

Assets less current liabilities£207k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.65-£25k
20235.81

Derived from filed accounts. Not audited figures.