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M D Electrical Skelmersdale Ltd

09029090

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

9 JARROW CLOSE, SKELMERSDALE, WN8 6EZ
Incorporated 08/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Martin John De Vares

director · Since 08/05/2014

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mrs Michaela Jane Wright

secretary · Since 20/11/2018

Persons with Significant Control

Mr Martin John Devares

75–100% shares

British · United Kingdom · Age 38

9, Jarrow Close, Skelmersdale, WN8 6EZ

Notified 20/11/2018

CompanyRankvs 19857+ SIC 43210 peers
53

Financial strength9th percentile among SIC peers · 2/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity12/15 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 31/10/2024

Net Worth

-£4k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£68k

Current Liabilities

£56k

Fixed Assets

£14k

Debtors

£56k

4avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£26k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£5k
20230.91

Derived from filed accounts. Not audited figures.