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Solution Electrical Kent Ltd

14192888

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

77 AVERY HILL ROAD, LONDON, SE9 2BJ
Incorporated 24/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Matthew Charles Wardale

director · Since 24/06/2022

ELECTRICIAN

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Robin Lesley Wardale

secretary · Since 23/11/2022

Persons with Significant Control

Mr Matthew Charles Wardale

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

English · England · Age 40

77, Avery Hill Road, London, SE9 2BJ

Notified 24/06/2022

CompanyRankvs 32229+ SIC 43210 peers
43

Financial strength29th percentile among SIC peers · 7/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£130

Balance sheet strength

Cash

£242

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£40k

Current Liabilities

£52k

Fixed Assets

£23k

Debtors

£40k

3avg. employees

Tax at Year End

Corp tax£941

Balance Sheet

Intangible assets£7k
Assets less current liabilities£11k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.77
20230.32

Derived from filed accounts. Not audited figures.