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Mtrac Electrical Services Ltd

03676714

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 TAPE STREET, STOKE ON TRENT, ST10 1BB
Incorporated 01/12/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Tracey Charlton

secretary · Since 02/12/1998

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 62

Mark Stephen Charlton

director · Since 02/12/1998

ELECTRICIAN

BRITISH · ENGLAND · Age 63

Tracey Charlton

director · Since 02/12/1998

ADMINISTRATOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Mark Stephen Charlton

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

British · England · Age 63

1 Tape Street, Cheadle, Stoke On Trent, ST10 1BB

Notified 06/04/2016

Mrs Tracey Charlton

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

British · England · Age 62

1 Tape Street, Cheadle, Stoke On Trent, ST10 1BB

Notified 06/04/2016

CompanyRankvs 4221+ SIC 43210 peers
66

Financial strength73th percentile among SIC peers · 18/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£33k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£32k

Current Liabilities

£7k

Fixed Assets

£10k

Debtors

£2k

2avg. employees

Tax at Year End

Corp tax£720
VAT£1k

Director Loans

Company owes directors£602

Balance Sheet

Assets less current liabilities£35k
Signed by Mr Mark Charlton Mrs Tracey Charlton 21st August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.74-£1k£29k
20235.32-£7k£27k
20222.94+£19k£15k
20211.38

Derived from filed accounts. Not audited figures.