Future Electrical & Renewables Ltd
13683896
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 16/10/2021
Persons with Significant Control
Mr Richard Alan Mehaffy
British · England · Age 37
1d, Doncaster Road, Doncaster, DN12 3AF
Notified 16/10/2021
Miss Casey Louise Johnson
British · England · Age 31
1d, Doncaster Road, Doncaster, DN12 3AF
Notified 16/10/2021
CompanyRankvs 16378+ SIC 43210 peers59
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£12k
Working capital
Current Assets
£20k
Current Liabilities
£8k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.49 | -£13k |
| 2023 | 1.22 | +£11k |
| 2022 | 0.79 | — |
Derived from filed accounts. Not audited figures.