Warning: Company is liquidation
This status significantly impacts the Vetted Score.
ELECONOMY WHOLESALE ELECTRICAL SUPPLIES LIMITED
About ELECONOMY WHOLESALE ELECTRICAL SUPPLIES LIMITED
ELECONOMY WHOLESALE ELECTRICAL SUPPLIES LIMITED was incorporated on 30 September 1987 as a private limited company, making it 38 years old. The company's current status is "liquidation". It currently has 3 active officers on record. There are 2 charges registered against this company, of which 2 remain outstanding.
Vetted Score
Caution
Based on automated analysis of public records.
Company status is liquidation.
Operating for 38 years.
Company has overdue filings.
No strike-off history found.
High turnover or recent appointments only.
2 outstanding charge(s) registered.
CRITICAL: Company is actively in liquidation.
Officers have excellent track records (+5). (Avg Officer Score: 100)
Financial Health & Compliance
Insolvency Risk: This company has a history of insolvency proceedings. Please review the Insolvency section for details before proceeding.
Annual Accounts
Overduesmall
Confirmation Statement
OverdueFiled
Charges & Mortgages
Has Outstanding2 Outstanding
Out of 2 total charges
Company / Officer Relationships
Visualization of directors and their other active appointments. (Limited to 5 active directors)
Nature of Business (SIC)
- 5143Unknown SIC Code
Key Dates & Events Timeline
selection of mortgage documents registered before January 1995
historical
filingliquidation compulsory winding up order
insolvency
filingliquidation compulsory winding up order
insolvency
filingInsolvency Case: compulsory-liquidation
Event: wound-up-on
insolvencyInsolvency Case: compulsory-liquidation
Event: petitioned-on
insolvencyaccounts with accounts type small
accounts
filinglegacy
mortgage
filingresolution
resolution
filingresolution
resolution
filingresolution
resolution
filingCharge Created
Status: outstanding. Barclays Bank PLC
chargeaccounts with accounts type small
accounts
filinglegacy
annual return
filingaccounts with accounts type small
accounts
filinglegacy
annual return
filingDirectors & Officers
Charges & Mortgages
2 outstanding / 2 total charge(s)
- outstandingLegal chargeEntitled: Barclays Bank PLCCreated: 1992-01-29
- outstandingDebentureEntitled: Barclays Bank PLCCreated: 1988-02-18
Insolvency History
- compulsory liquidationCase #1Key Dates:wound up on: 1993-01-07petitioned on: 1992-10-15
Recent Filings
- selection of mortgage documents registered before January 1995historical1995-01-01View PDF
- liquidation compulsory winding up orderinsolvency1993-02-18View PDF
- liquidation compulsory winding up orderinsolvency1993-02-01View PDF
- accounts with accounts type smallaccounts1992-03-13View PDF
- legacymortgage1992-02-04View PDF
Key Dates
- Incorporated1987-09-30
- Next Accounts DueN/A (Overdue)
- Next Confirmation DueN/A (Overdue)
Frequently Asked Questions
What is a Vetted Score?
The Vetted Score is a 0–100 rating calculated automatically from publicly available Companies House data. It considers factors such as the length of time the company has been active, whether filings are up to date, the number of active directors, outstanding charges, and any insolvency history. A higher score indicates fewer administrative risk signals — it is not a credit rating and does not reflect on the quality of a company's products or services.
What does “active” company status mean?
An “active” status means the company is currently registered and has not been dissolved or struck off by Companies House. It does not necessarily mean the company is currently trading — many registered companies are dormant. Always verify trading activity through direct contact or financial accounts.
What are charges and mortgages on a company?
A charge (also called a debenture or mortgage) is a form of security given by a company over its assets in favour of a lender. If a charge is “outstanding”, it means the underlying debt has not yet been repaid or discharged. Charges are registered at Companies House and are a matter of public record. An outstanding charge is not necessarily a problem — many healthy businesses borrow money secured against their assets.
How can I verify a UK company is legitimate?
You can verify any UK company by checking its record on the official Companies House register at find-and-update.company-information.service.gov.uk. Look for: an active status, recent confirmation statements and accounts filed on time, a registered office address, and at least one active director. Cross-referencing the company's website, VAT registration, and professional body memberships also helps.
What does a dissolved company mean?
A dissolved company has been removed from the Companies House register and no longer exists as a legal entity. It cannot enter contracts, employ staff, or trade. The dissolution may have been voluntary (the owners chose to close it) or compulsory (struck off by Companies House for failing to file documents). Dissolved company records remain publicly searchable.
Where does this data come from?
All company data on Vetted is sourced directly from the Companies House public API. Companies House is the UK's official registrar of companies, responsible for maintaining public records of all limited companies in England, Wales, Scotland, and Northern Ireland. This data is updated regularly but may not reflect changes made within the last 24–48 hours.