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Newey Electrical Installations Limited

02206881

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HINGLEY HOUSE, CRADLEY HEATH, B64 5JR
Incorporated 18/12/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Philip Hingley

director · Since 25/09/2001

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Sharna Hingley

secretary · Since 14/09/2009

PA

BRITISH · Age 48

Also on 2 other boards

Mrs Sharna Hingley

director · Since 22/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Newey Group Limited

75–100% shares
75–100% votes

98-99, Reddal Hill Road, Cradley Heath, B64 5JR

Reg: 06968508 · England And Wales Companies Registry · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 14/07/2021Registered 16/07/2021
charge
outstanding

NEWEY GROUP LIMITED

Created 17/11/2010Registered 07/12/2010
charge
satisfied

YORKSHIRE BANK PLC

Created 26/03/1990Registered 28/03/1990Satisfied 16/09/2009

CompanyRankvs 7358+ SIC 43210 peers
60

Financial strength76th percentile among SIC peers · 19/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7358Newey Electrical Installations Limited
70
How is this score calculated?
Financial strength19/25 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 31/03/2025

Net Worth

£41k

Balance sheet strength

Cash

£633k

Cash in the bank

Net Current Assets

£635k

Working capital

Current Assets

£1.0M

Current Liabilities

£397k

Fixed Assets

£5k

Debtors

£190k

0avg. employees-27

Tax at Year End

Corp tax£12k

Balance Sheet

Intangible assets£0
Assets less current liabilities£640k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.60+£0
20242.28+£0
20231.82-£484k
20222.03+£34k
20212.24+£450k
20202.13-£318k
20192.16—

Derived from filed accounts. Not audited figures.