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Electrics Your Way Ltd

13509032

active
Private Limited Company
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

9 FAIRFAX GROVE, LEEDS, LS19 7WA
Incorporated 13/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Claire Tracey Whitaker

director · Since 13/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr David John Whitaker

director · Since 13/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mrs Claire Tracey Whitaker

25–50% shares

British · United Kingdom · Age 50

9, Fairfax Grove, Leeds, LS19 7WA

Notified 13/07/2021

Mr David John Whitaker

25–50% shares

British · United Kingdom · Age 52

9, Fairfax Grove, Leeds, LS19 7WA

Notified 13/07/2021

CompanyRankvs 13329+ SIC 43210 peers
63

Financial strength61th percentile among SIC peers · 15/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.87× · 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.

Employees8/15 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

£14k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£11k

Current Liabilities

£3k

Fixed Assets

£17k

Debtors

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.87-£2k
20230.72+£7k
20222.27

Derived from filed accounts. Not audited figures.