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Psb Electrics Ltd

12846713

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

68 REDBRIDGE LANE EAST, ILFORD, IG4 5EZ
Incorporated 31/08/2020

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

43210
Electrical installation

Officers

Mr Premjot Singh Bhambra

director · Since 31/08/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Premjot Singh Bhambra

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

British · England · Age 27

68, Redbridge Lane East, Ilford, IG4 5EZ

Notified 31/08/2020

CompanyRankvs 26849+ SIC 43210 peers
46

Financial strength9th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.82× · 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 strength2/25 pts

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

Employees3/15 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 31/07/2024

Net Worth

-£4k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£10k

Current Liabilities

£2k

Fixed Assets

£27k

Debtors

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£35k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.82-£6k
202311.39
20223.95
20214.80

Derived from filed accounts. Not audited figures.