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Gigawatt Electrical Ltd

14968213

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

7 CHESTERFORD COURT, DERBY, DE23 3WY
Incorporated 28/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Aivaras Jonaitis

director · Since 28/06/2023

ELECTRICIAN

LITHUANIAN · ENGLAND · Age 35

Mrs Beata Jonaitiene

director · Since 20/10/2025

M&S PLANNER

LITHUANIAN · ENGLAND · Age 33

Persons with Significant Control

Mr Aivaras Jonaitis

25–50% shares
75–100% votes
Appoint directors

Lithuanian · England · Age 35

43, Callow Hill Way, Derby, DE23 3RJ

Notified 28/06/2023

Mrs Beata Jonaitiene

25–50% shares

Lithuanian · England · Age 33

43, Callow Hill Way, Derby, DE23 3RJ

Notified 20/10/2025

CompanyRankvs 32555+ SIC 43210 peers
41

Financial strength36th percentile among SIC peers · 9/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

Longevity3/15 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 30/06/2025

Net Worth

£762

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£19k

Current Liabilities

£20k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£762
Signed by Mr Aivaras Jonaitis 03/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.95
20250.95
20241.36

Derived from filed accounts. Not audited figures.