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Gigo Electrical Ltd

13038519

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3 CONWAY, WORCESTER, WR4 9AJ
Incorporated 23/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Richard John Hemming

director · Since 23/11/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Richard John Hemming

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

British · England · Age 38

3, Conway, Worcester, WR4 9AJ

Notified 23/11/2020

Former PSCs

Miss Sharon Marie Taylor

Ceased 30/11/2021

CompanyRankvs 24176+ SIC 43210 peers
49

Financial strength50th percentile among SIC peers · 13/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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24176Gigo Electrical Ltd
48
How is this score calculated?
Financial strength13/25 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.

Liquidity12/20 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 29/11/2024

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£50k

Current Liabilities

£40k

1avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.24+£0
20241.24—
20231.03—

Derived from filed accounts. Not audited figures.