Back to search

Mw Electrical (Midlands) Ltd

06313815

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

30 HARBOROUGH ROAD, KINGSTHORPE, NORTHANTS, NN2 7AZ
Incorporated 16/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Michael John Waterfield

secretary · Since 16/07/2007

BRITISH · Age 72

Also on 3 other boards

Mrs Barbara Elizabeth Harwood

director · Since 16/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 69

Michael John Waterfield

director · Since 16/07/2007

ELECTRICIAN

BRITISH · Age 72

Also on 3 other boards

Sandra Anne Waterfield

director · Since 16/07/2007

DIRECTOR

BRITISH · Age 69

Mrs Nicola Payne

director · Since 06/05/2025

OFFICE MANAGER

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mrs Barbara Elizabeth Harwood

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 69

19, The Paddocks, Northampton, NN7 3QR

Notified 30/06/2016

CompanyRankvs 236+ SIC 43210 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees15/15 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 31/10/2024

Net Worth

£931k

Balance sheet strength

Cash

£370k

Cash in the bank

Net Current Assets

£420k

Working capital

Current Assets

£509k

Current Liabilities

£89k

Fixed Assets

£511k

Debtors

£114k

16avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Intangible assets£0
Assets less current liabilities£931k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.73+£41k
20233.43

Derived from filed accounts. Not audited figures.