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Utility Associates Ltd

12322748

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

50-54 CHURCH STREET, BLACKBURN, BB1 5AL
Incorporated 19/11/2019

Compliance

Last accounts

30/11/2021

micro entity

Next accounts due

31/08/2023

Overdue

Confirmation statement

Last: 30/05/2023

Due 13/06/2024

Overdue

Industry

35140
Trade of electricity

Officers

Mr Atif Mohammad

director · Since 01/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Atif Mohammad

75–100% shares
75–100% votes

British · England · Age 47

50-54, Church Street, Blackburn, BB1 5AL

Notified 01/05/2020

Former PSCs

Mr Muhammad Irteza Parvaiz

Ceased 01/05/2020

CompanyRankvs 916+ SIC 35140 peers
49

Financial strength14th percentile among SIC peers · 4/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 38.05× · 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 strength4/25 pts

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

Employees3/15 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 30/11/2021

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£46k

Current Liabilities

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£45k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
202138.05

Derived from filed accounts. Not audited figures.