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Lincoln Electrical Ltd

12403713

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WRIGHTSWAY, LINCOLNSHIRE, LN2 4JY
Incorporated 14/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Aaron Dews

director · Since 14/01/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 33

Mr Jamie Lee Dews

director · Since 14/01/2020

ELECTRICAIAN

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Aaron Dews

25–50% shares
25–50% votes

British · England · Age 33

3, Westwood Drive, Lincoln, LN6 0HL

Notified 14/01/2020

Mr Jamie Lee Dews

25–50% shares
25–50% votes

British · England · Age 35

3, Westwood Drive, Lincoln, LN6 0HL

Notified 14/01/2020

CompanyRankvs 4687+ SIC 43210 peers
67

Financial strength87th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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4687Lincoln Electrical Ltd
76
How is this score calculated?
Financial strength22/25 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/03/2025

Net Worth

£113k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£182k

Current Liabilities

£86k

Fixed Assets

£22k

Debtors

£86k

5avg. employees

Balance Sheet

Assets less current liabilities£118k
Signed by Mr J Dews,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.12+£31k
20241.84+£42k
20232.95—

Derived from filed accounts. Not audited figures.