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Marks Electrical Limited

04463433

active
Private Limited Company
Companies House
Health Score
91 / 100

Healthy

25/30
Filing
30/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

4 BOSTON ROAD, LEICESTER, LE4 1AU
Incorporated 18/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Mark Adrian Smithson

director · Since 19/06/2002

RETAILER

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Mr Thomas William Pallatt

director · Since 27/10/2025

FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Marks Electrical Group Plc

75–100% shares
75–100% votes
Appoint directors

4, Boston Road, Leicester, LE4 1AU

Reg: 13509635 · The Registrar Of Companies, England And Wales · Public Limited Company

Notified 08/10/2021

Former PSCs

Mr Mark Adrian Smithson

Ceased 04/10/2021

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Ceased 08/10/2021

Charges2 outstanding

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outstanding

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CompanyRankvs 2160+ SIC 47540 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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216Marks Electrical Limited
82
How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 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 31/03/2022

Turnover

£80.5M

Annual revenue

Net Worth

£6.3M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Profit Before Tax

£5.5M

Bottom line earnings

Net Current Assets

£3.7M

Working capital

Current Assets

£20.9M

Current Liabilities

£17.2M

Fixed Assets

£4.5M

Debtors

£2.6M

Cost of Sales

£64.6M

Gross Profit

£15.9M

Admin Expenses

£10.5M

Operating Profit

£5.4M

157avg. employees+64

Tax at Year End(2020)

Corp tax£244k
Dividends paid£315k

People Costs(2020)

Wages & salaries£2.4M
NI contributions£200k

Balance Sheet

Intangible assets£0
Assets less current liabilities£8.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20221.21+£1.4M
20201.17-£114k
20191.14—

Derived from filed accounts. Not audited figures.