Edwin Mcginn Electrical Limited
06760257
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2013
ELECTRICIAN
BRITISH · UNITED KINGDOM · Age 66
Also on 4 other boards
director · Since 01/04/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 2 other boards
Persons with Significant Control
Mr Edwin Celestine Ignatius Mcginn
British · United Kingdom · Age 66
Flat 11 S Block, Peabody Avenue, London, SW1V 4AX
Notified 06/04/2016
Charges0 outstanding
BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)
CompanyRankvs 28058+ SIC 43210 peers43
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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
Turnover
£506k
Annual revenue
Net Worth
-£265k
Balance sheet strength
Cash
£3k
Cash in the bank
Profit Before Tax
-£59k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£153k
Current Liabilities
£385k
Debtors
£31k
Cost of Sales
£468k
Gross Profit
£38k
Admin Expenses
£126k
Profit After Tax
-£59k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.40 | +£0 |
| 2025 | 0.40 | -£59k |
| 2024 | 0.06 | -£30k |
| 2023 | 0.29 | +£80k |
| 2022 | — | -£24k |
| 2021 | 0.07 | +£15k |
| 2020 | 0.30 | +£10k |
| 2019 | 0.33 | — |
Derived from filed accounts. Not audited figures.