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Triac Electrical Ltd

11623200

active
Private Limited Company
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

47 GLENEAGLES DRIVE, ST. LEONARDS-ON-SEA, TN38 0HU
Incorporated 15/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Paul Desmond Brown

director · Since 15/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

Mr Paul Desmond Brown

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

British · England · Age 62

47, Gleneagles Drive, St. Leonards-On-Sea, TN38 0HU

Notified 15/10/2018

CompanyRankvs 7249+ SIC 43210 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.85× · 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 strength21/25 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

£86k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£130k

Current Liabilities

£34k

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities£99k

EstimatesDerived

YearCurrent RatioImplied Profit
20243.85+£38k
20234.72

Derived from filed accounts. Not audited figures.