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Bowers Electricals Limited

01955004

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

SLACK LANE, HEANOR, DE75 7GX
Incorporated 06/11/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr Michael David Bowers

director · Since 28/04/1992

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mr Michael Anthony Pacey

director · Since 01/01/2020

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mr Kevin James Chapman

director · Since 01/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Bowers Group Of Companies Limited

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

C/O Bowers Electricals Ltd, Slack Lane, Heanor, DE75 7GX

Reg: 10418346 · Registrar Of Companies (England And Wales) · Private Limited Company

Notified 08/02/2019

Former PSCs

Mr Michael David Bowers

Ceased 08/02/2019

Mr David Laurence Killingbeck Bowers

Ceased 04/07/2017

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2019Registered 28/08/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 22/08/2019Registered 28/08/2019
Charge
outstanding

ELECTRICAL POWER ENGINEERING SERVICES LIMITED

Created 22/08/2019Registered 22/08/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 22/08/2019Registered 22/08/2019
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 28/07/2017Registered 28/07/2017Satisfied 17/09/2019
charge
satisfied

DAVID LAURENCE KILLINGBECK BOWERS CHRISTINE NEWTON BOWERS AND MICHAEL DAVID BOWERS

Created 18/04/2001Registered 28/04/2001Satisfied 04/01/2012
charge
satisfied

DAVID LAURENCE KILLINGBECK BOWERS, CHRISTINE NEWTON BOWERS AND MICHAEL DAVID BOWERS

Created 18/04/2001Registered 20/04/2001Satisfied 22/08/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/03/1997Registered 15/03/1997Satisfied 05/05/2004
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 16/07/1993Registered 27/07/1993Satisfied 22/08/2019
charge
satisfied

TER-MATE PRODUCTS LIMITED

Created 13/01/1986Registered 27/01/1986Satisfied 02/09/1993
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/01/1986Registered 21/01/1986Satisfied 22/08/2019

CompanyRankvs 921+ SIC 33140 peers
58

Financial strength99th percentile among SIC peers · 25/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees1/15 pts

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

Liquidity12/20 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 06/04/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£632k

Working capital

Current Assets

£5.1M

Current Liabilities

£4.5M

Fixed Assets

£2.1M

Debtors

£2.9M

0avg. employees-44

Tax at Year End

Corp tax£86k

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£509k
Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.14+£198k
20241.12+£207k
20231.15+£144k
20221.17+£4k
20211.23-£37k
20201.25-£109k
20191.19

Derived from filed accounts. Not audited figures.