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Firm Power Electrical Contractors Ltd

01466629

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

9 ASH COURT, NEWTHORPE, NG16 3RP
Incorporated 13/12/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Scott Andrew Harris

director · Since 18/03/2026

BRITISH · ENGLAND · Age 38

Mr Aaron Paul Simpson

director · Since 18/03/2026

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Firm Power 2.0 Holdings Limited

75–100% shares
75–100% votes
Appoint directors

9, Engine Lane, Nottingham, NG16 3RP

Reg: 16926802 · England · Limited Company

Notified 18/03/2026

Former PSCs

Mr Ian Craig Whitchurch

Ceased 23/11/2017

Mr Paul Whyley

Ceased 18/03/2026

Mrs Abigail Janet Whyley

Ceased 18/03/2026

Charges1 outstanding

Charge
outstanding

ABIGAIL JANET WHYLEY · PAUL WHYLEY

Created 18/03/2026Registered 02/04/2026
charge
satisfied

MIDLAND BANK PLC

Created 22/12/1983Registered 03/01/1984Satisfied 24/04/2026

CompanyRankvs 295+ SIC 43210 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.89× · 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.

Employees14/15 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 30/09/2025

Net Worth

£874k

Balance sheet strength

Cash

£512k

Cash in the bank

Net Current Assets

£811k

Working capital

Current Assets

£1.1M

Current Liabilities

£280k

Fixed Assets

£78k

Debtors

£578k

10avg. employees

Tax at Year End(2024)

Corp tax£93k
Prepared with v2025.75.2 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20253.89+£23k
20242.18+£83k
20232.20+£99k
20222.27+£255k
20212.12+£13k
20202.21+£5k
20192.81+£94k
20182.55-£285k
20175.01

Derived from filed accounts. Not audited figures.