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We Are Electric Limited

We Are Electric Limited is a in administration company incorporated on 29 January 2019 with the registered office located in Slough, Berkshire. We Are Electric Limited was registered 6 years ago.
Status
In Administration
In administration since 1 month ago
Company No
11794128
Private limited company
Age
6 years
Incorporated 29 January 2019
Size
Micro
Turnover is under £1M
Balance sheet is under £500,000
Under 10 employees
Confirmation
Due Soon
Dated 20 November 2024 (11 months ago)
Next confirmation dated 20 November 2025
Due by 4 December 2025 (19 days remaining)
Last change occurred 11 months ago
Accounts
Submitted
For period 1 Apr31 Mar 2024 (1 year)
Accounts type is Small
Next accounts for period 31 March 2025
Due by 31 December 2025 (1 month remaining)
Address
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG
Address changed on 2 Oct 2025 (1 month ago)
Previous address was 59-60 Russell Square London WC1B 4HP United Kingdom
Telephone
Unreported
Email
Unreported
Website
People
Officers
4
Shareholders
22
Controllers (PSC)
1
Director • Indian • Lives in England • Born in Jun 1980
Director • British • Lives in England • Born in May 1973
Director • British • Lives in England • Born in May 1963
Mr Paul Martin Fagan
PSC • British • Lives in England • Born in May 1973
Shareholders, PSCs & Group Structure
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Mutual Companies
Automotive Finance & Leasing (UK) Ltd
Paul Martin Fagan is a mutual person.
Dissolved
Brands
WeVee™
WeVee™ is a provider of electric car salary sacrifice schemes for businesses and their employees.
Financials
Net Assets, Total Assets & Total Liabilities (2019–2024)
Period Ended
31 Mar 2024
For period 31 Mar31 Mar 2024
Traded for 12 months
Cash in Bank
£292.86K
Decreased by £152.41K (-34%)
Turnover
£554.17K
Increased by £32.03K (+6%)
Employees
9
Decreased by 4 (-31%)
Total Assets
£390.64K
Decreased by £217.43K (-36%)
Total Liabilities
-£148.21K
Decreased by £21.08K (-12%)
Net Assets
£242.43K
Decreased by £196.36K (-45%)
Debt Ratio (%)
38%
Increased by 10.1% (+36%)
Latest Activity
Registered Address Changed
1 Month Ago on 2 Oct 2025
Administrator Appointed
1 Month Ago on 2 Oct 2025
Mr Paul Martin Fagan (PSC) Details Changed
1 Month Ago on 17 Sep 2025
Martyn Courtney Williams Resigned
8 Months Ago on 7 Mar 2025
Mr Paul Martin Fagan Details Changed
8 Months Ago on 28 Feb 2025
Jamjar Investments Nominee Limited Resigned
8 Months Ago on 28 Feb 2025
Small Accounts Submitted
11 Months Ago on 12 Dec 2024
Confirmation Submitted
11 Months Ago on 20 Nov 2024
Confirmation Submitted
1 Year 7 Months Ago on 3 Apr 2024
Small Accounts Submitted
1 Year 11 Months Ago on 20 Dec 2023
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Documents
Statement of administrator's proposal
Submitted on 14 Nov 2025
Statement of affairs with form AM02SOA
Submitted on 12 Nov 2025
Change of share class name or designation
Submitted on 6 Oct 2025
Appointment of an administrator
Submitted on 2 Oct 2025
Registered office address changed from 59-60 Russell Square London WC1B 4HP United Kingdom to Herschel House 58 Herschel Street Slough Berkshire SL1 1PG on 2 October 2025
Submitted on 2 Oct 2025
Change of details for Mr Paul Martin Fagan as a person with significant control on 17 September 2025
Submitted on 30 Sep 2025
Statement of capital following an allotment of shares on 11 April 2025
Submitted on 17 Sep 2025
Director's details changed for Mr Paul Martin Fagan on 28 February 2025
Submitted on 17 Sep 2025
Statement of capital following an allotment of shares on 5 March 2025
Submitted on 17 Sep 2025
Termination of appointment of Martyn Courtney Williams as a director on 7 March 2025
Submitted on 7 Mar 2025
Repayment History
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