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Bonnells Electrical Contractors Limited

02297919

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
53 / 100

Notable Risks

25/30
Filing
10/30
Financial
18/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

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

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

43210
Electrical installation

Officers

Alan Wheal

director · Since 30/09/2023

CHIEF EXECUTIVE OFFICER

BRITISH · GIBRALTAR · Age 58

Mr Mark Leonard Wheeler

director · Since 30/09/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 26 other boards

Former

Ms Paula Elizabeth Miller

director · Resigned 30/06/2026

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

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

Insolvency History1 case

receiver manager

David William Henson (practitioner) · Stephen David Lowe (practitioner)

CompanyRankvs 54+ SIC 43210 peers
70

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 -10Insolvency history -10
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54Bonnells Electrical Contractors Limited
90
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

Insolvency history: -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—

Derived from filed accounts. Not audited figures.