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David Paradine (Mep) Limited

01157832

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

55 HIGH STREET, WALSALL, WS6 7AD
Incorporated 22/01/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr James Frazer Paradine

director · Since 30/04/2004

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 47

Miss Somphet Boutsalath

secretary · Since 07/01/2025

Mr David Hutton

director · Since 29/05/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr James Frazer Paradine

75–100% shares
75–100% votes

British · England · Age 47

55, High Street, Walsall, WS6 7AD

Notified 06/04/2016

Charges2 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 25/03/1981Registered 30/03/1981Satisfied 24/05/2005
charge
outstanding

NATIONAL WESTMINSTER BANK LTD

Created 21/02/1980Registered 29/02/1980
charge
outstanding

NATIONAL WESTMINSTER BANK LTD

Created 12/06/1978Registered 03/07/1978

CompanyRankvs 21+ SIC 43210 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£5.3M

Balance sheet strength

Cash

£2.7M

Cash in the bank

Net Current Assets

£4.7M

Working capital

Current Assets

£6.7M

Current Liabilities

£1.9M

Fixed Assets

£595k

Debtors

£3.4M

41avg. employees+3

Tax at Year End(2017)

Corp tax£134k

Balance Sheet

Assets less current liabilities£5.3M
Signed by Mr J F Paradine 6 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.44+£1.0M
20234.23+£230k
20223.14+£1.1M
20212.38+£787k
20203.35+£532k
20192.15+£184k
20172.07

Derived from filed accounts. Not audited figures.