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Motorsport Electrical Products Limited

05004582

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

10 SQUIRES CROFT, MANSFIELD, NG21 9BX
Incorporated 30/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Steven Paul Slater

director · Since 08/01/2004

ELECTRICIAN

BRITISH · ENGLAND · Age 58

Nicholas Robert Flaxman

secretary · Since 31/08/2007

ACCOUNTANT

BRITISH · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Steven Paul Slater

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

10, Squires Croft, Mansfield, NG21 9BX

Notified 22/12/2016

CompanyRankvs 5494+ SIC 45200 peers
74

Financial strength66th percentile among SIC peers · 17/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.42× · 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 strength17/25 pts

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

Employees7/15 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 28/02/2025

Net Worth

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£29k

Current Liabilities

£12k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.42-£2k
20242.51-£17k
20233.02

Derived from filed accounts. Not audited figures.