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Bailey Electrical Limited

04478739

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

22 - 26 KING STREET, KING'S LYNN, PE30 1HJ
Incorporated 05/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael John Bailey

secretary · Since 05/07/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mr Michael John Bailey

director · Since 05/07/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mrs Teresa Ann Bailey

director · Since 05/07/2002

SECRETARY

BRITISH · ENGLAND · Age 62

Mr William Gary Skoyles

director · Since 12/07/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 61

Mr Paul Michael Bailey

director · Since 19/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Michael John Bailey

25–50% shares
25–50% votes

British · England · Age 75

22 - 26, King Street, King's Lynn, PE30 1HJ

Notified 06/04/2016

Mrs Teresa Ann Bailey

25–50% shares
25–50% votes

British · England · Age 62

Homefield House, 15 Lynn Road, King's Lynn, PE32 1AA

Notified 06/07/2022

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 15/10/2004Registered 28/10/2004

CompanyRankvs 17250+ SIC 43210 peers
50

Financial strength40th percentile among SIC peers · 10/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
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 strength10/25 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.

Liquidity6/20 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 31/08/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£81k

Current Liabilities

£102k

Fixed Assets

£48k

8avg. employees

Tax at Year End(2021)

Corp tax£18k

Balance Sheet

Assets less current liabilities£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80+£0
20250.80-£8k
20241.03-£9k
20231.21+£7k
20221.43-£3k
20211.55

Derived from filed accounts. Not audited figures.