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Newey Electrical Installations Limited

02206881

active
Private Limited Company
england wales
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

Last accounts

31/03/2026

total exemption full

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 09/06/2026

Due 23/06/2027

On track

Industry

43210
Electrical installation

Officers

Mr Philip William Hingley

director · Since 25/09/2001

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Philip Hingley

director · Since 25/09/2001

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Sharna Hingley

secretary · Since 14/09/2009

PA

BRITISH · Age 49

Also on 2 other boards

Mrs Sharna Hingley

director · Since 22/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 49

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

CompanyRankvs 4294+ SIC 43210 peers
70

Financial strength76th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2× · 16/20
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 strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity16/20 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 31/03/2026

Net Worth

£41k

Balance sheet strength

Cash

£592k

Cash in the bank

Net Current Assets

£677k

Working capital

Current Assets

£1.4M

Current Liabilities

£678k

Fixed Assets

£3k

Debtors

£381k

20avg. employees+20

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£680k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20262.00+£0
20252.60+£0
20242.28+£0
20231.82—

Derived from filed accounts. Not audited figures.