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Simply Electric (Norfolk) Ltd

13475301

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

27 CASTLE MEADOW, NORWICH, NR1 3DS
Incorporated 24/06/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

43210
Electrical installation

Officers

Mr Adrian Paul Stevenson

director · Since 13/06/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Adrian Paul Stevenson

75–100% shares
75–100% votes
Appoint directors

British · England · Age 45

27, Castle Meadow, Norwich, NR1 3DS

Notified 13/06/2024

Former PSCs

Jonathan Hook

Ceased 13/06/2024

CompanyRankvs 41581+ SIC 43210 peers
25

Financial strength7th percentile among SIC peers · 2/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/03/2025

Net Worth

-£8k

Balance sheet strength

Cash

£200

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£43k

Fixed Assets

£34k

Debtors

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£35k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.03

Derived from filed accounts. Not audited figures.