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Mccormick Electrical Ltd.

03900279

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

376 CRONTON ROAD, WIDNES, WA8 5QD
Incorporated 29/12/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Luke Garvey

director · Since 10/10/2016

NONE

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Luke Garvey

25–50% shares

British · England · Age 31

376, Cronton Road, Widnes, WA8 5QD

Notified 27/07/2018

Lgg Consultants Ltd

25–50% shares

376, Cronton Road, Widnes, WA8 5QD

Reg: 13855442 · England And Wales · Limited Company

Notified 07/01/2025

Former PSCs

Mr Shaun Desmond Buckley

Ceased 08/01/2025

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 1426+ SIC 43210 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.11× · 20/20
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 strength23/25 pts

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

Employees11/15 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

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

£241k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£110k

Current Liabilities

£52k

Fixed Assets

£324k

3avg. employees-4

Balance Sheet

Assets less current liabilities£382k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11-£37k
20231.76-£81k
20222.61+£38k
20213.42

Derived from filed accounts. Not audited figures.