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Ian Smith Electrical Limited

02035607

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

I2 MANSFIELD, OFFICE SUITE 0-3 HAMILTON COURT, MANSFIELD, NG18 5FB
Incorporated 09/07/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ian Paul Smith

director · Since 31/12/1991

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 71

Mrs Sharon June Smith

director · Since 31/12/1991

SECRETARY

BRITISH · Age 69

Mr Joseph Kenneth Smith

director · Since 01/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr Joseph Kenneth Smith

secretary · Since 26/10/2022

Also on 1 other board

Persons with Significant Control

Mr Joseph Kenneth Smith

25–50% shares
25–50% votes

British · England · Age 33

4 Skerry Lane, Muston, Nottingham, NG13 0FJ

Notified 06/04/2016

Mrs Sharon June Smith

25–50% shares

British · United Kingdom · Age 69

Little Dyke Lodge, Main Street, Normanton, Bottesford, NG13 0EP

Notified 06/04/2016

Mr Ian Paul Smith

25–50% shares

British · United Kingdom · Age 71

Little Dyke Lodge, Main Street, Bottesford, NG13 0EP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/10/1997Registered 10/10/1997

CompanyRankvs 16586+ SIC 43210 peers
47

Financial strength24th percentile among SIC peers · 6/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16586Ian Smith Electrical Limited
57
How is this score calculated?
Financial strength6/25 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.

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

£100

Balance sheet strength

Cash

£214k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£338k

Current Liabilities

£151k

Fixed Assets

£16k

Debtors

£111k

0avg. employees-14

Tax at Year End

Corp tax£27k

Balance Sheet

Assets less current liabilities£202k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20252.23
20242.37
20232.31
20221.93
20212.66
20203.66
20193.24
20173.94

Derived from filed accounts. Not audited figures.