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Electrolab Limited

02341184

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 BATH MEWS, CHELTENHAM, GL53 7HL
Incorporated 30/01/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr James Milne

director · Since 14/08/1991

SCIENTIST

BRITISH · ENGLAND · Age 82

Also on 2 other boards

Mrs Phyllis May Milne

director · Since 23/10/2017

RETIRED

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mrs Phylis May Milne

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

British · England · Age 73

3 Bath Mews, Bath Parade, Cheltenham, GL53 7HL

Notified 06/04/2016

Mr James Milne

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

British · England · Age 82

3 Bath Mews, Bath Parade, Cheltenham, GL53 7HL

Notified 06/04/2016

Mrs Phyllis May Milne

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

British · England · Age 73

3 Bath Mews, Bath Parade, Cheltenham, GL53 7HL

Notified 06/04/2016

Former PSCs

Mr Dominic John Milne

Ceased 01/02/2017

Charges0 outstanding

charge
satisfied

YORKSHIRE BANK PLC

Created 03/01/1996Registered 05/01/1996Satisfied 11/05/2012
charge
satisfied

BARCLAYS BANK PLC

Created 22/03/1991Registered 03/04/1991Satisfied 11/05/2012

CompanyRankvs 372+ SIC 26512 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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372Electrolab Limited
62
How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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.

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

£1.3M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£6k

Current Liabilities

£21k

Fixed Assets

£1.3M

Debtors

£630

2avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£26k
202410.68+£27k
202314.30+£109k
202210.30+£26k
20212.95—

Derived from filed accounts. Not audited figures.