Company Overview
Ashley Electrical Wholesalers Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 15 September 1986, so this is a well established company. Ashley Electrical Wholesalers Limited has been in business for 39 years and 6 months. The accounts status is micro entity and the accounts are next due on Monday 31 July 2023.
Registered Address

Azzurri House Walsall Business Park, Walsall Road, Walsall, WS9 0RB
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Companies House Data
Company NameASHLEY ELECTRICAL WHOLESALERS LIMITED
Company Number02055142
Registered Office AddressAzzurri House Walsall Business Park
 Walsall Road
 WS9 0RB
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date15/09/1986
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2023
Accounts Last Made Up Date31/10/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date12/06/2017
Returns Last Made Up Date15/05/2016
Directors & Members
Brian Harris - Director
(British, 80 years old, born October 1946)
Cynthia Harris - Director
(British, 77 years old, born August 1949)
Secretaries
Show Resigned
Other Company Directorships
Brian Harris
No companies found
Cynthia Harris
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Balance Sheet
Fixed Assets 21,673 23,629 25,984
Current Assets 304,402 329,143 347,327
Creditors Due Within One Year 148,399 234,484 293,406
Working Cap 156,003 94,659 53,921
Total Assets Less Current Liabilities 177,676 118,288 79,905
Long-term Liabilities 114,090 50,000 12,587
Net Assets 63,586 68,288 67,318
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 63,586 68,288 67,318
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Tangible Fixed Assets - - -
Fixed Assets 6.6% 6.7% 7.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 93.4% 93.3% 93.0%
Creditors Due Within One Year 45.5% 66.5% 78.6%
Net Current Assets Liabilities 47.8% 26.8% 14.4%
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 19.5% 19.4% 18.0%
Capital Employed - - -
Total Assets Less Current Liabilities 54.5% 33.5% 21.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Liquidity Ratio 2.1 1.4 1.2
Solvency Ratio 1.2 1.2 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Assets 326,075 352,772 373,311
Debt 262,489 284,484 305,993
Net Assets/Debt 63,586 68,288 67,318
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 balance sheet presents modest net assets. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock 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 balance sheet presents modest net assets. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  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 balance sheet presents modest net assets. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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
Other Business around WS9 0RB
No other companies found in the same location
Document Filings
Liquidators' statement of receipts and payments to 19 March 2025
Appointment of a voluntary liquidator
Removal of liquidator by court order
Registered office address changed from Azzurri House Walsall Rbusiness Park Walsall Road Walsall WS9 0RB to Azzurri House Walsall Business Park Walsall Road Walsall WS9 0RB on 7 June 2024
Registered office address changed from Emerald House 20-22 Anchor Road Aldridge Walsall WS9 8PH England to Azzurri House Walsall Rbusiness Park Walsall Road Walsall WS9 0RB on 15 May 2024
Appointment of a voluntary liquidator
Notice of move from Administration case to Creditors Voluntary Liquidation
Administrator's progress report
Result of meeting of creditors
Statement of administrator's proposal
Statement of affairs with form AM02SOA
Registered office address changed from Unit 3 101 Ettingshall Road Wolverhampton WV2 2JP to Emerald House 20-22 Anchor Road Aldridge Walsall WS9 8PH on 17 May 2023
Appointment of an administrator
Confirmation statement made on 15 May 2022 with no updates
Confirmation statement made on 15 May 2021 with no updates
Confirmation statement made on 15 May 2020 with no updates
Register inspection address has been changed from 13 Wolverhampton Road Codsall Wolverhampton West Midlands WV8 1PT England to 133 Blackwood Avenue Wolverhampton WV11 1EZ
Confirmation statement made on 15 May 2019 with no updates
Confirmation statement made on 15 May 2018 with no updates
Amended total exemption small company accounts made up to 31 October 2016
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