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Mitchian Electrical Ltd

06581116

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

MITCHIAN GRAND UNION BUILDING, LEICESTER, LE3 5BZ
Incorporated 30/04/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/05/2026

Due 18/05/2027

On track

Industry

43210
Electrical installation

Officers

Mr Philip Mitchell

director · Since 30/04/2008

ELECTRICIAN

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mrs Susan Vera Naylor

secretary · Since 01/05/2016

Persons with Significant Control

Mitchian Group Limited

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

19, Anstey Lane, Leicester, LE4 0FF

Reg: 11693263 · England & Wales · Limited Company

Notified 01/12/2018

Former PSCs

Mr Philip Mitchell

Ceased 01/12/2018

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 11/06/2024Registered 12/06/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/12/2020Registered 23/12/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 10/12/2020Registered 11/12/2020
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED AS SECURITY TRUSTEE

Created 11/07/2019Registered 15/07/2019Satisfied 29/04/2021
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED AS SECURITY TRUSTEE

Created 31/01/2019Registered 05/02/2019Satisfied 29/04/2021
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED AS SECURITY TRUSTEE

Created 31/01/2019Registered 04/02/2019Satisfied 29/04/2021

CompanyRankvs 464+ SIC 43210 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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464Mitchian Electrical Ltd
89
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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2022

Net Worth

£868k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

£712k

Working capital

Current Assets

£1.1M

Current Liabilities

£436k

Fixed Assets

£353k

Debtors

£1.0M

16avg. employees+1

Tax at Year End(2021)

Corp tax£79k

Director Loans(2021)

Company owes directors£5k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Philip Mitchell 11/05/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20222.63-£231k
20212.76+£68k
20202.34+£29k
20191.25+£301k
20181.16—

Derived from filed accounts. Not audited figures.