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Morecroft Electrical Ltd

05153272

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MILLDALE HOUSE PRIME ENTERPRISE PARK, DERBY, DE1 3QB
Incorporated 14/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Nicholas Charles Morecroft

director · Since 14/06/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Jared Ian Mitchell

director · Since 01/05/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mrs Lisa Wheat

secretary · Since 01/06/2019

Mrs Lisa Emma Wheat

director · Since 01/08/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mr Jordan Robinson

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Mr Toby Squires

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Anthony Matthews

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Thomas James Swindell

director · Since 01/03/2026

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Morecroft Holdings Ltd

75–100% shares

Milldale House, Prime Enterprise Park, Derby, DE1 3QB

Reg: 09708381 · England And Wales · Limited Company

Notified 09/02/2017

Former PSCs

Mr Nicholas Charles Morecroft

Ceased 09/02/2017

Mr Jared Ian Mitchell

Ceased 09/02/2017

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 14/04/2026Registered 16/04/2026
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 31/01/2024Registered 01/02/2024Satisfied 19/05/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/11/2014Registered 25/11/2014Satisfied 26/10/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/2013Registered 29/11/2013Satisfied 26/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/04/2010Registered 30/04/2010Satisfied 31/03/2026
charge
satisfied

HSBC BANK PLC

Created 09/08/2004Registered 12/08/2004Satisfied 29/05/2010

CompanyRankvs 8666+ SIC 43210 peers
58

Financial strength98th percentile among SIC peers · 25/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.34× · 12/20
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 strength25/25 pts

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

Employees1/15 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.

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 31/05/2025

Net Worth

£943k

Balance sheet strength

Cash

£162k

Cash in the bank

Net Current Assets

£911k

Working capital

Current Assets

£3.6M

Current Liabilities

£2.7M

Fixed Assets

£43k

Debtors

£3.4M

0avg. employees

Balance Sheet

Assets less current liabilities£954k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.34+£0
20251.34+£662k
20231.23-£210k
20221.26+£112k
20211.60+£187k
20201.04

Derived from filed accounts. Not audited figures.