Wak Electrical Solutions Limited
11861680
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/03/2019
COMPANY DIRECTOR
PAKISTANI · ENGLAND · Age 67
Also on 1 other board
Persons with Significant Control
Mr Wajid Ali Kazmi
British · England · Age 67
5, Appleford Drive, Manchester, M8 8XA
Notified 05/03/2019
CompanyRankvs 19439+ SIC 43210 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£81k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
£127k
Working capital
Current Assets
£130k
Current Liabilities
£3k
Fixed Assets
£4k
Debtors
£71k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 47.69 | +£490 |
| 2024 | 21.44 | -£24k |
| 2023 | 38.01 | -£17k |
| 2022 | 30.92 | -£15k |
| 2021 | 28.61 | -£14k |
| 2020 | 131.09 | — |
Derived from filed accounts. Not audited figures.