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M. Gladwin Electrical Contractors Limited

04599919

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT B4 PAVING WAY, LINCOLN, LN6 3QW
Incorporated 25/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr David Alan Pepper

director · Since 01/08/2007

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Malcolm Gladwin

25–50% shares
25–50% votes

British · England · Age 82

Unit B4, Paving Way, Lincoln, LN6 3QW

Notified 06/04/2016

Mr David Alan Pepper

25–50% shares
25–50% votes

British · England · Age 52

Unit B4, Paving Way, Lincoln, LN6 3QW

Notified 06/04/2016

Former PSCs

Mrs Gillian Gladwin

Ceased 26/11/2019

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 23/07/2015Registered 01/08/2015
charge
outstanding

LLOYDS TSB BANK PLC

Created 28/09/2010Registered 06/10/2010

CompanyRankvs 7971+ SIC 43210 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.91× · 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 strength23/25 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 31/03/2025

Net Worth

£173k

Balance sheet strength

Cash

£596

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£288k

Current Liabilities

£317k

Fixed Assets

£218k

Debtors

£283k

10avg. employees-1

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£247k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£43k
20240.68-£4k
20231.00-£6k
20221.25

Derived from filed accounts. Not audited figures.