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Electric Wheels Limited

11708662

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

SOUTH BLOCK, NEATON BUSINESS PARK NORWICH ROAD, THETFORD, IP25 6JB
Incorporated 03/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Anthony Noel Abel

director · Since 03/12/2018

DIRECTOR

ENGLISH · ENGLAND · Age 72

Mr Christopher Anthony Abel

director · Since 30/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Anthony Noel Abel

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

English · England · Age 72

South Block, Neaton Business Park, Norwich Road, Thetford, IP25 6JB

Notified 03/12/2018

Former PSCs

Mr Christopher David Hurdle

Ceased 18/08/2023

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC · LLOYDS UDT LEASING LTD

Created 14/10/2022Registered 14/10/2022
Charge
outstanding

LLOYDS BANK PLC

Created 01/04/2022Registered 01/04/2022

CompanyRankvs 73613+ SIC 96090 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

-£457k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£747k

Current Liabilities

£2.0M

Fixed Assets

£853k

Debtors

£281k

14avg. employees+1

Balance Sheet

Intangible assets£16k
Assets less current liabilities-£378k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38-£330k
20230.34-£290k
20220.61+£153k
20210.63+£88k
20200.31-£46k
20190.26

Derived from filed accounts. Not audited figures.