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Mahi Electrical'S Limited

08637126

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

453 CRANBROOK ROAD, ILFORD, IG2 6EW
Incorporated 05/08/2013

Compliance

Last accounts

31/08/2024

unaudited abridged

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

43210
Electrical installation

Officers

Mr Sailesh Patel

director · Since 05/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Sailesh Patel

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 44

453, Cranbrook Road, Ilford, IG2 6EW

Notified 05/08/2016

CompanyRankvs 35636+ SIC 43210 peers
34

Financial strength12th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/08/2024

Net Worth

-£526

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

Current Liabilities

£5k

Debtors

£18k

1avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.21
20213.40+£11k
20201.72
20190.01
20180.02

Derived from filed accounts. Not audited figures.