Lc Electric Contractors Limited
12836810
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Lloyd Cranny
British · England · Age 39
14a Albany Road, Weymouth, DT4 9TH
Notified 25/08/2020
Mrs Leah Joanne Cranny
British · England · Age 35
14a Albany Road, Weymouth, DT4 9TH
Notified 01/04/2021
Former PSCs
Mr Andrew Perkins
Ceased 01/04/2021
CompanyRankvs 27433+ SIC 43210 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/08/2025
Net Worth
£7k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£30k
Current Liabilities
£36k
Fixed Assets
£12k
Debtors
£18k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.85 | -£11k |
| 2024 | 1.12 | -£16k |
| 2023 | 1.34 | — |
Derived from filed accounts. Not audited figures.