Back to search

Handley Electrical Limited

13983319

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

234 WOLLATON ROAD, NOTTINGHAM, NG8 1HQ
Incorporated 17/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Chris Handley

director · Since 17/03/2022

ELECTRICIAN

BRITISH · ENGLAND · Age 42

Dr Emma Spencer

director · Since 15/07/2024

DOCTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Chris Handley

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

British · England · Age 42

234, Wollaton Road, Nottingham, NG8 1HQ

Notified 17/03/2022

CompanyRankvs 37329+ SIC 43210 peers
25

Financial strength9th percentile among SIC peers · 2/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Fyfe Wilson Ltd
90
2Albert Innes Limited
90
3Walker Miller & Company Limited
90
4R B Emerson Limited
90
5R.G.D. King Limited
90
6H.R.Mann Limited
90
7Gloweth Limited
90
8Meel Group (Projects) Limited
90
9Ken Burrows Limited
90
10D.P.S. (Beeston) Limited
90
37329Handley Electrical Limited
31
How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£12k

Current Liabilities

£21k

Fixed Assets

£5k

Debtors

£7k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£5k
Signed by Mr C Handley,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.55
20240.76
20230.62

Derived from filed accounts. Not audited figures.