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L & E Rotating Electrics Ltd

13493666

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

UNIT 81 CENTAUR COURT CLAYDON BUSINESS PARK, IPSWICH, IP6 0NL
Incorporated 05/07/2021

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Steven Ackland

director · Since 05/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Steven Ackland

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

British · England · Age 55

Unit 81 Centaur Court, Claydon Business Park, Ipswich, IP6 0NL

Notified 05/07/2021

CompanyRankvs 3475+ SIC 45320 peers
57

Financial strength59th percentile among SIC peers · 15/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.88× · 20/20
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 strength15/25 pts

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

Employees2/15 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.

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 31/07/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£10k

Current Liabilities

£4k

0avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.88+£2k
20232.26+£3k
20222.17

Derived from filed accounts. Not audited figures.