Company Overview
Wholesale Electrical Factors (O/M) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 21 July 1986, so this is a well established company. Wholesale Electrical Factors (O/M) Limited has been in business for 39 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Thursday 30 April 2026.
Registered Address

Unit 6, The Meridian Centre, King Street, Oldham, OL8 1EZ
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Companies House Data
Company NameWHOLESALE ELECTRICAL FACTORS (O/M) LIMITED
Company Number02039207
Registered Office AddressUnit 6
 The Meridian Centre
 OL8 1EZ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/07/1986
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date20/05/2017
Returns Last Made Up Date22/04/2016
Directors & Members
Show Resigned
Daniel Kilroe - Director
(Irish, 38 years old, born September 1988)
Appointed 03 February 2025
 Active
Rachel Kilroe - Director
(Irish, 38 years old, born February 1988)
Appointed 03 February 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Daniel Kilroe
No companies found
Rachel Kilroe
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Balance Sheet
Fixed Assets 28,127 28,127 34,825
Current Assets 551,732 551,732 577,896
Creditors Due Within One Year 335,345 335,345 306,358
Working Cap 216,387 216,387 271,538
Total Assets Less Current Liabilities 244,514 244,514 306,363
Long-term Liabilities 94,117 94,117 132,211
Net Assets 150,397 150,397 174,152
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 150,397 150,397 174,152
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Tangible Fixed Assets - - -
Fixed Assets 4.9% 4.9% 5.7%
Stocks Inventory - - -
Debtors 47.6% 47.6% 41.0%
Cash Bank In Hand 28.4% 28.4% 36.1%
Current Assets 95.1% 95.1% 94.3%
Creditors Due Within One Year 57.8% 57.8% 50.0%
Net Current Assets Liabilities 37.3% 37.3% 44.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 25.9% 25.9% 28.4%
Capital Employed - - -
Total Assets Less Current Liabilities 42.2% 42.2% 50.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Liquidity Ratio 1.6 1.6 1.9
Solvency Ratio 1.4 1.4 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Assets 579,859 579,859 612,721
Debt 429,462 429,462 438,569
Net Assets/Debt 150,397 150,397 174,152

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 22 April 2025 with updates
Satisfaction of charge 020392070002 in full
Registration of charge 020392070004, created on 3 February 2025
Registration of charge 020392070003, created on 3 February 2025
Notification of Twenty 15 Capital Limited as a person with significant control on 3 February 2025
Cessation of John Cartwright as a person with significant control on 3 February 2025
Cessation of Christopher John Cartwright as a person with significant control on 3 February 2025
Appointment of Mrs Rachel Kilroe as a director on 3 February 2025
Appointment of Mr Daniel Kilroe as a director on 3 February 2025
Termination of appointment of Christopher John Cartwright as a director on 3 February 2025
Termination of appointment of John Cartwright as a director on 3 February 2025
Termination of appointment of John Cartwright as a secretary on 3 February 2025
Registration of charge 020392070002, created on 31 January 2025
Purchase of own shares.
Cancellation of shares. Statement of capital on 14 December 2021
Confirmation statement made on 22 April 2024 with updates
Director's details changed for John Cartwright on 19 February 2024
Director's details changed for John Cartwright on 19 February 2024
Change of details for Mr John Cartwright as a person with significant control on 19 February 2024
Appointment of Mr John Cartwright as a secretary on 4 December 2023
Termination of appointment of Diane Maxine Cartwright as a secretary on 3 December 2023
Termination of appointment of Diane Maxine Cartwright as a director on 3 December 2023
Appointment of Mr Christopher John Cartwright as a director on 4 December 2023
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