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Neward Electrical Limited

13112894

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 8 BRIDGE STREET MILLS, MACCLESFIELD, SK11 6QG
Incorporated 05/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Richard Christopher Newton

director · Since 05/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 44

Terence Ward

director · Since 05/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Richard Christopher Newton

25–50% shares
25–50% votes

British · England · Age 44

Unit 8, Bridge Street Mills, Macclesfield, SK11 6QG

Notified 05/01/2021

Terence Ward

25–50% shares
25–50% votes

British · England · Age 53

Unit 8, Bridge Street Mills, Macclesfield, SK11 6QG

Notified 05/01/2021

CompanyRankvs 20179+ SIC 43210 peers
54

Financial strength53th percentile among SIC peers · 13/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.21× · 12/20
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 strength13/25 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.

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 31/01/2026

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£26k

Current Liabilities

£21k

Fixed Assets

£3k

2avg. employees-1

Balance Sheet

Assets less current liabilities£8k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20261.21-£26k
20251.88-£3k
20241.85+£4k
20231.79—

Derived from filed accounts. Not audited figures.