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Does Electrical Ltd

12768992

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

46 HAWTHORN ROAD, LINCOLN, LN3 4JR
Incorporated 27/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr David Michael Spraggins

director · Since 27/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 6 other boards

Ms Caroline Jane Burns

director · Since 03/09/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr David Michael Spraggins

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

British · England · Age 63

78, Larchwood Crescent, Lincoln, LN6 0NF

Notified 27/07/2020

Former PSCs

Mr Stephen Anthony Spraggins

Ceased 15/04/2026

CompanyRankvs 40872+ SIC 43210 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0× · 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 31/07/2025

Net Worth

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£137

Current Liabilities

£38k

Fixed Assets

£4k

0avg. employees

Balance Sheet

Total assets£5k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00-£10k
20240.14-£13k
20230.39-£13k
20220.71+£5k
20210.43

Derived from filed accounts. Not audited figures.