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Electricworkshop Ltd

14067893

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FLAT 6, TADDINGTON HOUSE, EASTBOURNE, BN22 7EB
Incorporated 25/04/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/04/2026

Due 04/05/2027

On track

Industry

43210
Electrical installation

Officers

Mr Louis Michael Kent Bassett

director · Since 25/04/2022

ELECTRICIAN

BRITISH · ENGLAND · Age 24

Mr Michael Dennis Bassett

director · Since 25/04/2022

ELECTRICIAN

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Michael Dennis Bassett

25–50% shares
25–50% votes
Appoint directors

British · England · Age 64

Flat 6, Taddington House, Taddington Road, Eastbourne, BN22 7EB

Notified 25/04/2022

Mr Louis Michael Kent Bassett

25–50% shares
25–50% votes
Appoint directors

British · England · Age 24

Flat 6, Taddington House, Taddington Road, Eastbourne, BN22 7EB

Notified 25/04/2022

CompanyRankvs 12517+ SIC 43210 peers
63

Financial strength63th percentile among SIC peers · 16/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.12× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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12517Electricworkshop Ltd
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How is this score calculated?
Financial strength16/25 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.

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.

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

Key FinancialsYear ending 31/03/2025

Turnover

£80k

Annual revenue

Net Worth

£16k

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£3k

Bottom line earnings

Net Current Assets

£14k

Working capital

Current Assets

£19k

Current Liabilities

£5k

Fixed Assets

£7k

Debtors

£16k

Cost of Sales

£29k

Gross Profit

£51k

Admin Expenses

£48k

Operating Profit

£3k

Profit After Tax

£3k

2avg. employees

Director Loans(2024)

Directors owe company£2k

Balance Sheet

Assets less current liabilities£21k

EstimatesDerived

YearCurrent RatioImplied Profit
20254.12-£2k
20243.58+£2k
20233.58—

Derived from filed accounts. Not audited figures.