M2 Electrical Contractors Limited
05437841
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/04/2005
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
Persons with Significant Control
Mr Mark Smurthwaite
British · United Kingdom · Age 62
Flat 15 Blenheim House, 145-147 Westgate Road, Newcastle Upon Tyne, NE1 4AG
Notified 06/04/2016
Mrs Catherine Emma Smurthwaite
British · England · Age 56
Flat 15 Blenheim House, 145-147 Westgate Road, Newcastle Upon Tyne, NE1 4AG
Notified 06/04/2016
CompanyRankvs 5828+ SIC 43210 peers73
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£12k
Working capital
Current Assets
£18k
Current Liabilities
£6k
Fixed Assets
£111
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.03 | -£4k |
| 2024 | 2.27 | +£8k |
| 2023 | 3.32 | -£3k |
| 2022 | 3.76 | -£9k |
| 2021 | 3.10 | +£14k |
Derived from filed accounts. Not audited figures.