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Electrade101 Trading Ltd

11679223

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT C, 43-49 FOWLER ROAD, ILFORD, IG6 3UT
Incorporated 15/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Naqib Abed

director · Since 15/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Ibrahim Allah Yar

director · Since 26/05/2022

SHOP MANAGER

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Naqib Abed

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

British · England · Age 36

Unit C 43-49, Fowler Road, Ilford, IG6 3FF

Notified 15/11/2018

CompanyRankvs 903+ SIC 47540 peers
62

Financial strength71th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.18× · 12/20
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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/11/2024

Net Worth

£38k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£456k

Current Liabilities

£388k

2avg. employees

Balance Sheet

Assets less current liabilities£68k
Signed by Mr Naqib Abed 15 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18-£12k
20231.41+£14k
20221.23+£23k
20211.30+£9k
20201.61—
20191.01—

Derived from filed accounts. Not audited figures.