1st Ace Electrical & Renewables Ltd
13836791
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/01/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 3 other boards
director · Since 10/01/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 30
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Paul David Simpson
Ceased 10/01/2022
CompanyRankvs 1286+ SIC 33200 peers67
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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 30/11/2024
Net Worth
£98k
Balance sheet strength
Cash
£72k
Cash in the bank
Net Current Assets
£98k
Working capital
Current Assets
£137k
Current Liabilities
£39k
Debtors
£65k
Tax at Year End(2023)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.51 | +£68k |
| 2023 | 1.64 | — |
Derived from filed accounts. Not audited figures.