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Turner Electrical Essex Ltd

13003146

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

THE OLD CHAPEL, 33 CHURCH STREET THE OLD CHAPEL, 33 CHURCH STREET, COLCHESTER, CO6 1TX
Incorporated 06/11/2020

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

43210
Electrical installation

Officers

Mr Michael Stephen Turner

director · Since 06/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Michael Stephen Turner

75–100% shares

British · England · Age 33

Arlington House, Business Park, West Station Yard, Maldon, CM9 6FF

Notified 06/11/2020

Former PSCs

Fd Secretarial Ltd

Ceased 06/11/2020

CompanyRankvs 6215+ SIC 43210 peers
74

Financial strength86th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.43× · 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 strength22/25 pts

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

Employees11/15 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 30/11/2024

Net Worth

£104k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£112k

Current Liabilities

£21k

Fixed Assets

£17k

Debtors

£33k

3avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£109k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20245.43+£20k
20234.92-£6k
20223.71
20212.02

Derived from filed accounts. Not audited figures.