Mcconnells Electrical Company Limited
02595801
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/04/1991
DIRECTOR
BRITISH · GIBRALTAR · Age 59
Also on 10 other boards
director · Since 03/04/2014
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 1 other board
director · Since 01/04/2022
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 3 other boards
Persons with Significant Control
Mr David Miller
British · England · Age 65
Cliff Nook House, Newark, NG24 1LY
Notified 01/07/2016
Mr Patrick Alexander Mcconnell
British · Gibraltar · Age 59
Cliff Nook House, Newark, NG24 1LY
Notified 01/07/2016
Charges1 outstanding
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
THE ROYAL BANK OF SCOTLAND PLC
BARCLAYS BANK PLC
CompanyRankvs 1826+ SIC 43210 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£20.2M
Annual revenue
Net Worth
£3.0M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£611k
Bottom line earnings
Net Current Assets
£922k
Working capital
Current Assets
£6.8M
Current Liabilities
£5.9M
Fixed Assets
£2.1M
Debtors
£5.2M
Cost of Sales
£13.2M
Gross Profit
£7.0M
Admin Expenses
£6.3M
Operating Profit
£594k
Profit After Tax
£456k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.16 | +£456k |
| 2024 | 1.52 | +£371k |
| 2023 | 1.62 | +£373k |
| 2022 | 1.33 | +£317k |
| 2021 | 2.38 | +£69k |
| 2020 | 1.68 | +£244k |
| 2019 | 1.46 | — |
Derived from filed accounts. Not audited figures.