Back to search

Park Electrical Distributors Limited

02704445

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 3 QUEENS PARK, TEAM VALLEY TRADING ESTATE, NE11 0QD
Incorporated 07/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439
46499
46499

Officers

Hazel Wilkinson

secretary · Since 07/04/1992

NURSE

BRITISH · UNITED KINGDOM · Age 64

Also on 9 other boards

Mr Barry Wilkinson

director · Since 07/04/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 6 other boards

Simon Joseph John Mooney

director · Since 02/04/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Craig Hopwood

director · Since 27/11/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Bridget Harold

director · Since 29/11/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Hazel Wilkinson

director · Since 29/11/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 9 other boards

Mr Ian Michael Aitchison

director · Since 01/11/2012

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr Barry Wilkinson

75–100% shares

British · United Kingdom · Age 62

Unit 3 Queens Park, Team Valley Trading Estate, NE11 0QD

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/05/2022Registered 17/05/2022
charge
outstanding

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED 'SECURITY HOLDER'

Created 23/02/2005Registered 24/02/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/05/1999Registered 24/05/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/11/1993Registered 19/11/1993

CompanyRankvs 85+ SIC 46439 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Liquidity12/20 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.7M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£4.9M

Working capital

Current Assets

£24.0M

Current Liabilities

£19.1M

Fixed Assets

£912k

Debtors

£15.1M

Cost of Sales

£40.4M

Admin Expenses

£9.6M

Profit After Tax

£1.5M

123avg. employees+13

Tax at Year End

Corp tax£543k

People Costs

Wages & salaries£5.3M

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.26+£1.5M
20231.27

Derived from filed accounts. Not audited figures.