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Micaline Electrical Systems Limited

02456804

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 4, BLOCK A WEDNESBURY TRADING ESTATE, WEDNESBURY, WS10 7JN
Incorporated 02/01/1990

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
26512
Manufacture of electronic industrial process control equipment

Officers

Mr Mark James Wakeman

director · Since 21/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Micaline Hww Ltd

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

Unit 4, Block A, Wednesbury Trading Estate, Wednesbury, WS10 7JN

Reg: 10443649 · Register Of Companies House · Limited

Notified 31/12/2016

Former PSCs

Mr Paul William Myatt

Ceased 31/12/2016

Mrs Lynda Patricia Myatt

Ceased 31/12/2016

Charges2 outstanding

Charge
outstanding

LYNDA PATRICIA MYATT · PAUL WILLIAM MYATT

Created 31/12/2016Registered 14/06/2017
charge
outstanding

BARCLAYS BANK PLC

Created 16/01/1990Registered 24/01/1990

CompanyRankvs 133+ SIC 26511 peers
71

Financial strength79th percentile among SIC peers · 20/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.05× · 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 strength20/25 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

£631k

Balance sheet strength

Cash

£331k

Cash in the bank

Net Current Assets

£606k

Working capital

Current Assets

£805k

Current Liabilities

£199k

Fixed Assets

£27k

Debtors

£267k

7avg. employees

Balance Sheet

Assets less current liabilities£633k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.05+£110k
20236.47

Derived from filed accounts. Not audited figures.