Modern Electrical Contractors Limited
01740560
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Martin David Priestley
British · England · Age 55
75, Newdigate Road, Nottingham, NG16 1HN
Notified 06/04/2016
Former PSCs
Mr David George Priestley
Ceased 31/01/2017
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 11295+ SIC 43210 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£92k
Balance sheet strength
Cash
£73k
Cash in the bank
Net Current Assets
£90k
Working capital
Current Assets
£311k
Current Liabilities
£221k
Fixed Assets
£5k
Debtors
£224k
Tax at Year End(2017)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.41 | -£39k |
| 2024 | 1.82 | -£24k |
| 2023 | 1.60 | +£143k |
| 2022 | 1.21 | +£13k |
| 2021 | 1.13 | +£30k |
| 2020 | 0.74 | -£44k |
| 2019 | 1.00 | -£244k |
| 2017 | 1.97 | — |
Derived from filed accounts. Not audited figures.