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Mg Electrical (Surrey) Limited

05433559

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

38 GREEN LANE, REDHILL, RH1 2DF
Incorporated 22/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Teresa Rosa Engleman

secretary · Since 22/04/2005

BRITISH · Age 82

Mr Mark George Haycock

director · Since 22/04/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Mark George Haycock

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

British · United Kingdom · Age 57

Cavalla, 4 Badgers Wood, Chaldon, CR3 5PX

Notified 06/04/2016

CompanyRankvs 9285+ SIC 43210 peers
67

Financial strength55th percentile among SIC peers · 14/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.24× · 12/20
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 strength14/25 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.

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.

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

£9k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£56k

Current Liabilities

£45k

Fixed Assets

£754

Debtors

£9k

3avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£12k
Signed by 05433559 2024-04-01 2025-03-31 05433559 2025-03-31 05433559 core:FinancialAssetsCostLessImpairment core:CurrentFinancialPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.24+£3k
20241.35-£3k
20231.49-£16k
20222.29-£6k
20212.50

Derived from filed accounts. Not audited figures.