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Eurolec Components (Midlands) Limited

01756840

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT 4 NORTH MOOR INDUSTRIAL, BRIERLEY HILL, DY5 3SU
Incorporated 28/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories
46690
Wholesale of other machinery and equipment

Officers

Mr Michael Hadley

director · Since 01/08/2000

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 11 other boards

Mr William John Charles Hadley

director · Since 01/08/2000

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr Michael Hadley

secretary · Since 14/11/2002

BRITISH · ENGLAND · Age 57

Also on 11 other boards

Persons with Significant Control

Mrs Michelle Hadley

25–50% shares
25–50% votes

British · England · Age 58

Unit 4 North Moor Industrial, Brierley Hill, DY5 3SU

Notified 22/10/2024

Mrs Catherine Hadley

25–50% shares
25–50% votes

British · England · Age 53

Unit 4 North Moor Industrial, Brierley Hill, DY5 3SU

Notified 23/10/2024

Former PSCs

Eurolec Holdings Limited

Ceased 22/10/2024

Charges4 outstanding

Charge
outstanding

WILLIAM JOHN CHARLES HADLEY · MICHAEL HADLEY · ROWANMOOR TRUSTEES LIMITED

Created 22/12/2015Registered 23/12/2015
charge
outstanding

ROWANMOOR TRUSTEES LTD AND OTHERS ON BEHALF OF STETCHWORK PENSION FUND

Created 02/08/2012Registered 07/08/2012
charge
satisfied

ROWANMOOR TRUSTEES LIMITED

Created 16/12/2009Registered 22/12/2009Satisfied 07/08/2012
charge
outstanding

BARCLAYS BANK PLC

Created 30/11/2007Registered 14/12/2007
charge
outstanding

BARCLAYS BANK PLC

Created 02/06/1986Registered 11/06/1986

CompanyRankvs 218+ SIC 45310 peers
75

Financial strength82th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.76× · 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 strength21/25 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 31/07/2025

Net Worth

£300k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£216k

Working capital

Current Assets

£262k

Current Liabilities

£45k

Fixed Assets

£120k

Debtors

£108k

17avg. employees

Tax at Year End(2024)

VAT£27k

Balance Sheet

Assets less current liabilities£336k
Signed by Mr M Hadley Mr W J Hadley 13/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.76+£0
20255.76+£96k
20241.89-£26k£533k
20231.41-£881k£516k
20221.06-£60k£188k
20214.71+£100k£794k
20204.67£670k

Derived from filed accounts. Not audited figures.