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M P Electrics Limited

04383447

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

35 HIGH MEADOW, TYNE & WEAR, NE34 6JG
Incorporated 27/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Doreen Poulter

secretary · Since 27/02/2002

BRITISH · Age 78

Mr Thomas Martin Poulter

director · Since 27/02/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 79

Persons with Significant Control

Mr Thomas Martin Poulter

25–50% shares

British · United Kingdom · Age 79

35 High Meadow, Tyne & Wear, NE34 6JG

Notified 27/02/2017

CompanyRankvs 1029+ SIC 43210 peers
86

Financial strength93th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

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

Key FinancialsYear ending 28/02/2022

Net Worth

£267k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£309k

Current Liabilities

£52k

Fixed Assets

£11k

5avg. employees-1

Balance Sheet

Assets less current liabilities£267k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20225.89+£26k
20213.74

Derived from filed accounts. Not audited figures.