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Watts & Ohms Electrical Ltd

12630393

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

23 KINGSMEAD, PRINCES RISBOROUGH, HP27 9LN
Incorporated 28/05/2020

Compliance

Last accounts

30/05/2024

unaudited abridged

Next accounts due

30/05/2026

Overdue

Confirmation statement

Last: 27/05/2026

Due 10/06/2027

On track

Industry

43210
Electrical installation

Officers

Kelly Hanks

secretary · Since 28/05/2020

Mr David Charles Hanks

director · Since 28/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Michael David Hanks

director · Since 28/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Mr David Charles Hanks

25–50% shares

British · England · Age 52

23 Kingsmead, Monks Risborough, Princes Risborough, HP27 9LN

Notified 28/05/2020

Mr Michael David Hanks

25–50% shares

British · England · Age 72

23 Kingsmead, Monks Risborough, Princes Risborough, HP27 9LN

Notified 28/05/2020

CompanyRankvs 18500+ SIC 43210 peers
55

Financial strength24th percentile among SIC peers · 6/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.46× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 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.

Longevity6/15 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 30/05/2025

Net Worth

£100

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£60k

Current Liabilities

£24k

Fixed Assets

£14k

Debtors

£51k

2avg. employees

Balance Sheet

Assets less current liabilities£50k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.46
20242.46
20234.22

Derived from filed accounts. Not audited figures.