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M.I Electrical & Data Limited

04534430

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

UNIT F1, ADDINGTON BUSINESS CENTRE VULCAN WAY, CROYDON, CR0 9UG
Incorporated 13/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Ian Roy Schooley

secretary · Since 13/09/2002

ELECTRICIAN

BRITISH · Age 55

Mr Ian Roy Schooley

director · Since 13/09/2002

ELECTRICIAN

BRITISH · ENGLAND · Age 55

Martin James Woolcott

director · Since 13/09/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Ian Roy Schooley

25–50% shares
25–50% votes
Significant control

British · England · Age 55

Unit F1, Addington Business Centre, Vulcan Way, Croydon, CR0 9UG

Notified 13/09/2016

Mr Martin James Woolcott

25–50% shares
25–50% votes
Significant control

British · England · Age 55

Unit F1, Addington Business Centre, Vulcan Way, Croydon, CR0 9UG

Notified 13/09/2016

CompanyRankvs 6259+ SIC 43210 peers
72

Financial strength70th percentile among SIC peers · 18/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.22× · 12/20
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 strength18/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£26k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£120k

Current Liabilities

£99k

Fixed Assets

£12k

Debtors

£50k

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£33k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£21k
20231.08+£10k
20221.20
20211.54

Derived from filed accounts. Not audited figures.