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Bonnells Electrical Contractors Limited

02297919

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

4 SWANBRIDGE INDUSTRIAL PARK, WITHAM, CM8 3YN
Incorporated 20/09/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Alan Wheal

director · Since 30/09/2023

CHIEF EXECUTIVE OFFICER

BRITISH · GIBRALTAR · Age 57

Mr Mark Leonard Wheeler

director · Since 30/09/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 26 other boards

Ms Paula Elizabeth Miller

director · Since 28/04/2025

CFO

BRITISH · ENGLAND · Age 54

Also on 16 other boards

Persons with Significant Control

Ea-Rs Group Limited

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

4, Swanbridge Industrial Park, Witham, CM8 3YN

Reg: 13057063 · Companies House, England And Wales · Limited Company

Notified 30/09/2023

Former PSCs

Mr Alan Bonnell

Ceased 30/09/2023

Christopher Taylor

Ceased 30/09/2023

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 16/10/2023Registered 17/10/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/08/1999Registered 01/09/1999Satisfied 07/08/2023
charge
satisfied

NABARRO NATHANSON

Created 19/09/1995Registered 22/09/1995Satisfied 02/12/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/03/1993Registered 19/03/1993Satisfied 07/08/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/06/1990Registered 27/06/1990Satisfied 27/09/2023

CompanyRankvs 58+ SIC 43210 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.62× · 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 strength25/25 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.

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 30/09/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£247k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.3M

Current Liabilities

£407k

Fixed Assets

£7k

Debtors

£2.0M

16avg. employees-3

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20245.62+£589k
20233.71+£122k
20234.47+£245k
20223.45+£427k
20212.21+£223k
20202.43+£23k
20192.04—

Derived from filed accounts. Not audited figures.