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Essential Components Ltd

14487559

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

1ST FLOOR WATERSIDE HOUSE, WIGAN, WN3 5AZ
Incorporated 16/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

David Allan Savage

director · Since 16/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

David Allan Savage

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

British · United Kingdom · Age 39

1st Floor Waterside House, Waterside Drive, Wigan, WN3 5AZ

Notified 16/11/2022

CompanyRankvs 12839+ SIC 71129 peers
52

Financial strength67th percentile among SIC peers · 17/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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12839Essential Components Ltd
51
How is this score calculated?
Financial strength17/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 29/11/2025

Net Worth

£22k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£106k

Current Liabilities

£84k

Fixed Assets

£34k

Debtors

£80k

1avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£56k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.27
20241.49
20231.06

Derived from filed accounts. Not audited figures.