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Meadow Electrical Limited

02423706

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

BROOMHILLS, FIFIELD, CM5 0RB
Incorporated 18/09/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Terry Cunningham

director · Since 18/09/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Linda May Gillard

secretary · Since 22/03/2005

SECRETARY

BRITISH · Age 70

Persons with Significant Control

Mr Terry John Cunningham

50–75% shares

British · United Kingdom · Age 69

Broomhills, Ongar Road, Fifield, CM5 0RB

Notified 19/08/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/07/2000Registered 31/07/2000
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/08/1993Registered 23/08/1993Satisfied 28/09/2000
charge
satisfied

MIDLAND BANK PLC

Created 20/08/1990Registered 24/08/1990Satisfied 28/09/2000

CompanyRankvs 1413+ SIC 43210 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.67× · 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 strength23/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£231k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£147k

Working capital

Current Assets

£236k

Current Liabilities

£88k

Fixed Assets

£84k

3avg. employees

Balance Sheet

Assets less current liabilities£231k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.67-£894
20233.15-£2k
20221.94+£15k
20212.06+£24k
20201.77-£17k
20191.85+£4k
20181.94-£20k
20172.01

Derived from filed accounts. Not audited figures.