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Metricab Power Engineering Limited

02710367

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

RIVERSIDE HOUSE, HORSHAM, RH13 6QE
Incorporated 28/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Charles Edward Thatcher

secretary · Since 30/06/1992

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 8 other boards

Mr Charles Edward Thatcher

director · Since 30/06/1992

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 8 other boards

Tracy Suzanne Schifano

director · Since 22/04/2002

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 54

Kerry Lorraine Lumley

director · Since 01/08/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Graham Lockless

director · Since 17/03/2025

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Adam Cohen

director · Since 17/03/2025

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Lee Welton

director · Since 17/03/2025

PROJECTS DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Former PSCs

Mr Charles Edward Thatcher

Ceased 29/03/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/01/2019Registered 09/01/2019
charge
satisfied

TECHNICAL & GENERAL GUARANTEE COMPANY S.A.

Created 29/10/2009Registered 05/11/2009Satisfied 22/06/2010
charge
satisfied

THE MANAGING TRUSTEES OF METRICAB POWER ENGINEERING (1993) LTD RBS AND SPECIAL TRUSTEE SUNTRUST

Created 21/10/2002Registered 02/11/2002Satisfied 07/09/2005
charge
satisfied

TECHNICAL & GENERAL GUARANTEE COMPANY LIMITED

Created 24/03/2000Registered 30/03/2000Satisfied 24/09/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/09/1999Registered 05/10/1999Satisfied 17/11/2012
charge
satisfied

TECHNICAL & GENERAL GUARANTEE COMPANY LIMITED

Created 06/04/1999Registered 16/04/1999Satisfied 11/07/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 20/08/1997Registered 29/08/1997Satisfied 11/07/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 20/08/1997Registered 29/08/1997Satisfied 11/07/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/06/1997Registered 05/07/1997Satisfied 11/07/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 20/06/1997Registered 26/06/1997Satisfied 11/07/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/1993Registered 29/11/1993Satisfied 11/07/2008

CompanyRankvs 1847+ SIC 43210 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.62× · 16/20
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 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.

Liquidity16/20 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

£1.7M

Balance sheet strength

Cash

£364k

Cash in the bank

Net Current Assets

£851k

Working capital

Current Assets

£2.2M

Current Liabilities

£1.4M

Fixed Assets

£912k

Debtors

£1.6M

36avg. employees+1

Tax at Year End

Corp tax£156k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.62+£393k
20231.18+£135k
20221.15

Derived from filed accounts. Not audited figures.