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Mark Pritchard Electrical Services Limited

04911628

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

67 FARNDON ROAD, NEWARK, NG24 4SQ
Incorporated 25/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mrs Shelley Suzanne Pritchard

secretary · Since 25/09/2003

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Mark Pritchard

director · Since 25/09/2003

ELECTRICAL SERVICES

BRITISH · UNITED KINGDOM · Age 60

Also on 6 other boards

Persons with Significant Control

Mr Mark Pritchard

50–75% shares

British · United Kingdom · Age 60

67, Farndon Road, Newark, NG24 4SQ

Notified 06/04/2016

Mrs Shelley Suzanne Pritchard

25–50% shares

British · England · Age 58

67, Farndon Road, Newark, NG24 4SQ

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 137+ SIC 33140 peers
86

Financial strength100th percentile among SIC peers · 25/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 24.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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90
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90
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137Mark Pritchard Electrical Services Limited
86
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.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/10/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.4M

Current Liabilities

£100k

Fixed Assets

£1.3M

Debtors

£548k

3avg. employees+1

Tax at Year End(2020)

Corp tax£78k

Balance Sheet

Assets less current liabilities£3.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202424.24+£1.5M
20234.50+£262k
20221.64+£362k
20211.06+£86k
20201.58+£9k
20191.17+£272k
20181.29—

Derived from filed accounts. Not audited figures.