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Faulk Construction & Electrical Ltd

12144858

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

80 THE GREENWAY, OXTED, RH8 0JZ
Incorporated 07/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Lorrance Faulkner

director · Since 07/08/2019

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mr Lorrance Faulkner

25–50% shares
25–50% votes

British · United Kingdom · Age 40

80, The Greenway, Oxted, RH8 0JZ

Notified 07/08/2019

Former PSCs

Mr Sean Dodge

Ceased 10/09/2022

Mr Matthew Platts

Ceased 10/09/2022

CompanyRankvs 40741+ SIC 43210 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees1/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/08/2025

Net Worth

-£2k

Balance sheet strength

Cash

£509

Cash in the bank

Net Current Assets

-£4

Working capital

Current Assets

Current Liabilities

£513

0avg. employees

Balance Sheet

Assets less current liabilities-£4
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£7k
20221.82+£2k
20219.70-£5k

Derived from filed accounts. Not audited figures.