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Main Electrical Ltd

03674510

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

CABLE HOUSE, SHEFFIELD, S20 3GT
Incorporated 26/11/1998

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/09/2025

Due 29/09/2026

On track

Industry

43210
Electrical installation

Officers

Mrs Lorraine Willers

secretary · Since 26/11/1998

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Mr Edward Willers

director · Since 26/11/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 1 other board

Mrs Lorraine Willers

director · Since 26/11/1998

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Peter Watson

director · Since 01/10/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Nikki Sullivan

director · Since 01/01/2016

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Harrison Sean Sullivan

director · Since 06/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mrs Lorraine Willers

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 71

Cable House, Station Road, Sheffield, S20 3GT

Notified 06/04/2016

Mr Edward Willers

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 76

Cable House, Station Road, Sheffield, S20 3GT

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 12/12/2013Registered 13/12/2013
charge
outstanding

LLOYDS TSB BANK PLC

Created 26/09/2012Registered 27/09/2012

CompanyRankvs 2271+ SIC 43210 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2271Main Electrical Ltd
81
How is this score calculated?
Financial strength24/25 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

£710k

Balance sheet strength

Cash

£636k

Cash in the bank

Net Current Assets

£679k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.0M

Fixed Assets

£121k

Debtors

£925k

30avg. employees+8

Balance Sheet

Assets less current liabilities£800k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66+£559k
20231.31+£52k
20221.37+£31k
20211.39-£68k
20201.25-£16k
20191.28+£60k
20181.28—

Derived from filed accounts. Not audited figures.