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Glover Electrical Limited

04458273

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

81 BURTON ROAD, DERBY, DE1 1TJ
Incorporated 11/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Peter Albert Glover

director · Since 11/06/2002

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Christopher Glover

director · Since 07/07/2025

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 40

Also on 1 other board

Miss Rebecca Clare Glover

director · Since 07/07/2025

ACCOUNTS MANAGER

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mrs Tracey Jayne Glover

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

British · England · Age 64

81 Burton Road, Derby, DE1 1TJ

Notified 06/04/2016

Mr Peter Albert Glover

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

British · England · Age 64

81 Burton Road, Derby, DE1 1TJ

Notified 30/11/2021

Former PSCs

Mr Peter Albert Glover

Ceased 24/02/2021

Mr Kamal Korpal

Ceased 24/02/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/05/2024Registered 14/05/2024

CompanyRankvs 2684+ SIC 43210 peers
74

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 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 strength24/25 pts

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

Employees14/15 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 31/05/2025

Net Worth

£668k

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£337k

Current Liabilities

£200k

Fixed Assets

£826k

Debtors

£176k

14avg. employees

Tax at Year End(2024)

Corp tax£85k

Balance Sheet

Assets less current liabilities£964k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69-£169k
20242.27+£336k
20232.05+£189k
20222.33+£8k
20212.09

Derived from filed accounts. Not audited figures.