Back to search

Gmec Electrical Limited

06320389

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

58 CROSS STREET, BIDEFORD, EX39 1BX
Incorporated 23/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Marcus Patrick Hearn

secretary · Since 23/07/2007

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mr Marcus Patrick Hearn

director · Since 23/07/2007

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mr Graham Michael Wray

director · Since 23/07/2007

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Graham Michael Wray

25–50% shares
25–50% votes

British · England · Age 44

Highways, Pottery Lane, Barnstaple, EX31 3EH

Notified 30/06/2016

Mr Marcus Patrick Hearn

25–50% shares
25–50% votes

British · England · Age 53

58, Cross Street, Bideford, EX39 1BX

Notified 30/06/2016

Former PSCs

Mr Graham Michael Wray

Ceased 24/07/2024

Mr Marcus Patrick Hearn

Ceased 04/08/2022

CompanyRankvs 3537+ SIC 43210 peers
82

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/07/2025

Net Worth

£151k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£264k

Current Liabilities

£175k

Fixed Assets

£62k

Debtors

£185k

10avg. employees
Signed by 06320389 2024-08-01 2025-07-31 06320389 2025-07-31 06320389 core:CurrentFinancialInstruments 2025-07-31 06320389 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51-£31k
20241.67+£47k
20231.51

Derived from filed accounts. Not audited figures.