Back to search

Baskett Electrical Ltd

12236344

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

UNIT J BRISTOL COURT, IPSWICH, IP5 3RY
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Samuel David Baskett

director · Since 01/10/2019

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 33

Mrs Victoria Abigail Baskett

director · Since 01/10/2019

DESIGNER

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Samuel David Baskett

25–50% shares
25–50% votes

British · England · Age 33

Unit J, Bristol Court, Ipswich, IP5 3RY

Notified 01/10/2019

Mrs Victoria Abigail Baskett

25–50% shares
25–50% votes

British · England · Age 31

11, Barton Road, Woodbridge, IP12 1JQ

Notified 06/04/2023

CompanyRankvs 8456+ SIC 43210 peers
70

Financial strength81th percentile among SIC peers · 20/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Fyfe Wilson Ltd
90
2Albert Innes Limited
90
3Walker Miller & Company Limited
90
4R B Emerson Limited
90
5R.G.D. King Limited
90
6H.R.Mann Limited
90
7Gloweth Limited
90
8Meel Group (Projects) Limited
90
9Ken Burrows Limited
90
10D.P.S. (Beeston) Limited
90
8456Baskett Electrical Ltd
69
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.

Employees8/15 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 31/10/2023

Net Worth

£63k

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£109k

Current Liabilities

£51k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£71k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20232.16+£14k
20221.74+£30k
20212.13+£4k

Derived from filed accounts. Not audited figures.