Mjl Electrics (Nw) Limited
06605203
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 29/05/2008
Persons with Significant Control
Mr Michael Jeffrey Leach
English · England · Age 66
42, Rydal Mount, Blackburn, BB1 2PP
Notified 06/04/2016
CompanyRankvs 34416+ SIC 43210 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£46k
Balance sheet strength
Cash
£29
Cash in the bank
Net Current Assets
-£49k
Working capital
Current Assets
£2k
Current Liabilities
£51k
Fixed Assets
£3k
Debtors
£2k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | -£78k |
| 2024 | 0.12 | +£10k |
| 2023 | 0.15 | — |
Derived from filed accounts. Not audited figures.