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M.K. Electrics Limited

06426558

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

UNIT 11, ASHINGTON, NE63 9JZ
Incorporated 14/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Wayne Kennedy

director · Since 14/11/2007

ELECTRICIAN

BRITISH · ENGLAND · Age 53

Mr Michael Andrew Middlemiss

director · Since 14/11/2007

ELECTRICIAN

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Michael Andrew Middlemiss

25–50% shares
Appoint directors

British · England · Age 46

Unit 11, Lintonville Parkway, Ashington, NE63 9JZ

Notified 06/04/2016

Mr Wayne Kennedy

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

British · England · Age 53

Unit 11, Lintonville Parkway, Ashington, NE63 9JZ

Notified 06/04/2016

CompanyRankvs 448+ SIC 43210 peers
89

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.09× · 20/20
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 strength24/25 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 31/03/2025

Net Worth

£322k

Balance sheet strength

Cash

£164k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£449k

Current Liabilities

£215k

Fixed Assets

£100k

Debtors

£147k

23avg. employees+1

Balance Sheet

Assets less current liabilities£335k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.09+£130k
20231.78

Derived from filed accounts. Not audited figures.