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Econ Electrical Ltd

13175131

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

THE COURTYARD, WAKEFIELD, WF2 7AJ
Incorporated 02/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Robert Corrie

director · Since 02/02/2021

ELECTRICIAN

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Mr Jonathan Gary Scott

director · Since 02/02/2021

ELECTRICIAN

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Jonathan Gary Scott

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

British · England · Age 32

9, Lawefield Way, Wakefield, WF2 8FD

Notified 02/02/2021

Mr Robert Corrie

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

British · England · Age 37

The Courtyard, 225 Denby Dale Road, Wakefield, WF2 7AJ

Notified 02/02/2021

CompanyRankvs 8502+ SIC 43210 peers
74

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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8502Econ Electrical Ltd
69
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 28/02/2026

Net Worth

£211k

Balance sheet strength

Cash

£210k

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£480k

Current Liabilities

£262k

Fixed Assets

£1k

Debtors

£270k

7avg. employees+1

Tax at Year End

Corp tax£75k
VAT£10k

Director Loans

Company owes directors£137k

Balance Sheet

Assets less current liabilities£219k
Signed by Mr Jonathan Scott 21/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.83+£165k£190k
20251.20+£15k£101k
20241.19——
20230.83——

Derived from filed accounts. Not audited figures.