Company Overview
Think Electric Limited is a Dissolved Private Limited Company.
Registered Address

Olympia House, Armitage Road, London, NW11 8RQ
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Companies House Data
Company NameTHINK ELECTRIC LIMITED
Company Number06103229
Registered Office AddressOlympia House
 Armitage Road
 NW11 8RQ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date14/02/2007
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date28/02/2021
Accounts Last Made Up Date28/02/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/03/2017
Returns Last Made Up Date14/02/2016
Directors & Members
Show Resigned
Joanna Collingwood - Director
(British, 61 years old, born June 1965)
Appointed 14 February 2007
Active
Andrew Sutton - Director
(British, 65 years old, born January 1961)
Appointed 14 February 2007
Active
Secretaries
Joanna Collingwood - Secretary
(British)
Appointed 14 February 2007
Active
Balance Sheet Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Balance Sheet
Fixed Assets 7,293 7,782 9,346
Current Assets 92,980 70,355 60,197
Creditors Due Within One Year 121,960 125,684 122,374
Working Cap -28,980 -55,329 -62,177
Total Assets Less Current Liabilities -21,687 -47,547 -52,831
Long-term Liabilities 21,767 47,627 52,833
Net Assets 80 80 2
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 80 80 2
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Tangible Fixed Assets - - -
Fixed Assets 7.3% 10.0% 13.4%
Stocks Inventory - - -
Debtors 84.6% 76.2% 84.0%
Cash Bank In Hand 8.2% 13.8% 2.5%
Current Assets 92.7% 90.0% 86.6%
Creditors Due Within One Year 121.6% 160.9% 176.0%
Net Current Assets Liabilities -28.9% -70.8% -89.4%
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 0.1% 0.1% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities -21.6% -60.9% -76.0%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Liquidity Ratio 0.8 0.6 0.5
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Assets 100,273 78,137 69,543
Debt 100,193 78,057 69,541
Net Assets/Debt 80 80 2
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
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from 1 Vicarage Lane Stratford London E15 4HF to Olympia House Armitage Road London NW11 8RQ on 26 July 2021
Appointment of a voluntary liquidator
Resolutions
Statement of affairs
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 February 2021 with updates
Confirmation statement made on 14 February 2020 with updates
Termination of appointment of Sheena James as a director on 30 January 2020
Confirmation statement made on 14 February 2019 with updates
Confirmation statement made on 14 February 2018 with updates
Notification of Andrew Keith Ellis Sutton as a person with significant control on 6 April 2016
Statement of capital following an allotment of shares on 16 February 2018
Appointment of Mrs Sheena James as a director on 8 February 2018
Confirmation statement made on 14 February 2017 with updates
Annual return made up to 14 February 2016 with full list of shareholders
Annual return made up to 14 February 2015 with full list of shareholders

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