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West Yorkshire Electrics Ltd

15736258

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)

Details

UNIT 1 UNIT 1 AT 10 QUEEN STREET, SHIPLEY, BD17 6AA
Incorporated 23/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Jamie Patrick Grady

director · Since 23/05/2024

ELECTRICIAN

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Jamie Patrick Grady

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

English · England · Age 39

Unit 1, Unit 1 At 10 Queen Street, Shipley, BD17 6AA

Notified 23/05/2024

CompanyRankvs 41159+ SIC 43210 peers
25

Financial strength12th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity2/15 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 31/05/2025

Net Worth

-£473

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£10k

Current Liabilities

£39k

Fixed Assets

£28k

Debtors

£729

1avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£473
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.26

Derived from filed accounts. Not audited figures.