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Canning Electrical (Sussex) Limited

12232694

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

8 TELSCOMBE ROAD, PEACEHAVEN, BN10 8AH
Incorporated 30/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Jordan Canning

director · Since 30/09/2019

ELECTRICIAN

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Jordan Canning

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

8, Telscombe Road, Peacehaven, BN10 8AH

Notified 30/09/2019

Miss Dominique Michelle Bishop

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

8, Telscombe Road, Peacehaven, BN10 8AH

Notified 30/09/2019

CompanyRankvs 5702+ SIC 43210 peers
75

Financial strength79th percentile among SIC peers · 20/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.39× · 20/20
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 strength20/25 pts

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

Employees13/15 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.

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 31/03/2025

Net Worth

£53k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£174k

Working capital

Current Assets

£214k

Current Liabilities

£40k

Debtors

£207k

5avg. employees+2

Tax at Year End

Corp tax£33k
VAT£1k

Director Loans

Directors owe company£96

Balance Sheet

Assets less current liabilities£174k
Signed by Mr Jordan Canning 02/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.39+£49k£27k
20241.87+£1k£19k
20231.63£376k

Derived from filed accounts. Not audited figures.