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Griffiths Electrical Distributors Limited

13842234

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BRANDON WAY, WEST MIDLANDS, B70 8JA
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Stewart Lee Griffiths

director · Since 11/01/2022

SALES DIRECTOR

ENGLISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Stewart Lee Griffiths

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

English · England · Age 47

Brandon Way, West Bromwich, West Midlands, B70 8JA

Notified 11/01/2022

Charges1 outstanding

Charge
outstanding

ARTHUR WILLIAM CROFTS · CHAROENPORN CROFTS

Created 10/06/2022Registered 13/06/2022

CompanyRankvs 29999+ SIC 64209 peers
35

Financial strength81th percentile among SIC peers · 20/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees3/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£496k

Balance sheet strength

Cash

£614

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£4k

Current Liabilities

£58k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£504k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£52k
20240.15+£52k
20230.03

Derived from filed accounts. Not audited figures.