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Walker Electrical Services (Lincoln) Ltd

12998106

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)
  • Going concern doubt noted in accounts (-10)

Details

17 MATLOCK DRIVE, LINCOLN, LN6 8PP
Incorporated 04/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
95210
Repair of consumer electronics

Officers

Mr Adam Leslie Walker

director · Since 04/11/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mr Christopher John Walker

director · Since 04/11/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Adam Leslie Walker

25–50% shares
25–50% votes
Appoint directors

British · England · Age 32

17, Matlock Drive, Lincoln, LN6 8PP

Notified 04/11/2020

Mr Christopher John Walker

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

Bellevue, Capps Lane, Lincoln, LN5 9RJ

Notified 04/11/2020

CompanyRankvs 10419+ SIC 43210 peers
57

Financial strength72th percentile among SIC peers · 18/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10419Walker Electrical Services (Lincoln) Ltd
66
How is this score calculated?
Financial strength18/25 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.

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/11/2024

Net Worth

£31k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£49k

Current Liabilities

£24k

Fixed Assets

£43k

Debtors

£12k

2avg. employees

Balance Sheet

Assets less current liabilities£69k
Signed by Mr A Walker,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.08+£3k
20231.19—

Derived from filed accounts. Not audited figures.