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M C Electrical Contractors Limited

04962056

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

1 BRYN RHEDYN, PORTH, CF39 8EZ
Incorporated 12/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael Coombs

director · Since 12/11/2003

ELECTRICIAN

BRITISH · WALES · Age 61

Lynne Coombs

secretary · Since 22/01/2008

SECRETARY

BRITISH · Age 57

Persons with Significant Control

Mr Michael Coombs

25–50% shares

British · Wales · Age 61

1, Bryn Rhedyn, Porth, CF39 8EZ

Notified 12/11/2016

Mrs Lynne Coombs

25–50% shares

British · Wales · Age 57

1, Bryn Rhedyn, Porth, CF39 8EZ

Notified 12/11/2016

CompanyRankvs 410+ SIC 43210 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.89× · 20/20
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 strength25/25 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.

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 30/11/2024

Net Worth

£873k

Balance sheet strength

Cash

£209k

Cash in the bank

Net Current Assets

£177k

Working capital

Current Assets

£238k

Current Liabilities

£61k

Fixed Assets

£792k

Debtors

£26k

8avg. employees-1

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£969k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.89-£81k
20233.19-£67k
20223.00+£225k
20212.20

Derived from filed accounts. Not audited figures.