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Millwright'S Plumbing & Electrical Ltd

06015326

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

432 STAINES ROAD, MIDDLESEX, TW4 5AB
Incorporated 30/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Paramjeet Singh Virdee

director · Since 04/12/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 4 other boards

Persons with Significant Control

Mr Paramjeet Singh Virdee

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 68

432 Staines Road, Middlesex, TW4 5AB

Notified 01/10/2016

CompanyRankvs 1975+ SIC 47520 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Woodlands Home & Garden Group Limited
90
2Hardware Supply Company (Middlesbrough) Limited
90
3R.Massey & Son(Woodville)Limited
90
4Maxwells (Sunderland) Limited
90
5E H Smith (Builders Merchants) Limited
90
6Graham And Green Limited
90
7A.K. Timms & Sons Limited
90
8S & S Home Supplies Limited
90
9C & S Builders Merchants (Stamford Hill) Limited
90
10Colour Supplies Limited
90
1975Millwright'S Plumbing & Electrical Ltd
35
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/01/2024

Net Worth

-£67k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£43k

Current Liabilities

£97k

Fixed Assets

£26k

0avg. employees

Tax at Year End(2019)

Corp tax£1k

Balance Sheet

Assets less current liabilities-£28k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£19k
20230.50-£19k
20220.76-£25k
20211.14-£704
20200.78—
20190.84—

Derived from filed accounts. Not audited figures.