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Newmay Electrical Services Limited

06588649

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

13 GATEWAY MEWS, LONDON, N11 2UT
Incorporated 09/05/2008

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

On track

Industry

43210
Electrical installation

Officers

Brendan Corrigan

secretary · Since 09/05/2008

BRITISH · Age 47

Also on 2 other boards

Mr Brendan Corrigan

director · Since 09/05/2008

ELECTRICIAN

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Paul Mulholland

director · Since 09/05/2008

ELECTRICIAN

IRISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Paul Mulholland

25–50% shares
25–50% votes

Irish · England · Age 59

13, Gateway Mews, London, N11 2UT

Notified 01/07/2016

Mr Brendan Corrigan

25–50% shares
25–50% votes

British · England · Age 47

13, Gateway Mews, London, N11 2UT

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/06/2014Registered 18/06/2014

CompanyRankvs 466+ SIC 43210 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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466Newmay Electrical Services Limited
89
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.

Employees14/15 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 31/05/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.0M

Fixed Assets

£304k

Debtors

£894k

13avg. employees+4

Tax at Year End(2024)

Corp tax£30k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.79+£210k
202410.31+£109k
202313.80—
20223.45—
20212.71+£138k
20202.89+£59k
20192.42+£229k
20181.74—

Derived from filed accounts. Not audited figures.