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Brighton Electrical Contractors Ltd

12751692

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)
  • Negative net worth (-10)

Details

127 LEWES ROAD, BRIGHTON, BN2 3LG
Incorporated 17/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Paul Mark Bonnington

director · Since 17/07/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 41

Mr Matthew Terry Ferroni

director · Since 17/07/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr Paul Bonnington

director · Since 17/07/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Matthew Terry Ferroni

Significant control

British · England · Age 33

127, Lewes Road, Brighton, BN2 3LG

Notified 20/08/2020

Mr Paul Mark Bonnington

25–50% shares
25–50% votes

British · United Kingdom · Age 41

127, Lewes Road, Brighton, BN2 3LG

Notified 05/11/2021

CompanyRankvs 40607+ SIC 43210 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.47× · 2/20
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 strength1/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/07/2024

Net Worth

-£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£55k

Current Liabilities

£117k

Fixed Assets

£9k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£53k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47-£59k
20231.08

Derived from filed accounts. Not audited figures.