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Current Electrical Engineering Limited

12462699

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

12 TRASTON ROAD, NEWPORT, NP19 4RQ
Incorporated 14/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Cory Painter

director · Since 14/02/2020

COMPANY DIRECTOR

BRITISH · WALES · Age 30

Also on 1 other board

Persons with Significant Control

Mr Cory Painter

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 30

12, Traston Road, Newport, NP19 4RQ

Notified 14/02/2020

Charges2 outstanding

A registered charge
outstanding

HSBC UK BANK PLC

Created 10/07/2026Registered 13/07/2026
A registered charge
outstanding

HSBC UK BANK PLC

Created 19/06/2026Registered 23/06/2026

CompanyRankvs 3424+ SIC 43210 peers
70

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£207k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£234k

Working capital

Current Assets

£460k

Current Liabilities

£225k

Fixed Assets

£197k

Debtors

£249k

18avg. employees

People Costs

Wages & salaries£485k
NI contributions£35k

Balance Sheet

Assets less current liabilities£432k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.04+£98k
20242.10+£74k
20231.21

Derived from filed accounts. Not audited figures.