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M.Nic Group Ltd

09169790

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 10 EDGE BUSINESS PARK, WELWYN GARDEN CITY, AL7 1WX
Incorporated 11/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Mark Nicolaides

director · Since 11/08/2014

ELECTRICAL CONTRACTORS

BRITISH · ENGLAND · Age 37

Mr Nicholas Wright

director · Since 17/04/2018

ELECTRICIAN

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Mark Nicolaides

75–100% shares

British · England · Age 37

Unit 10, Edge Business Park, Welwyn Garden City, AL7 1WX

Notified 06/04/2016

Mr Nicholas Wright

25–50% shares
25–50% votes

British · England · Age 36

Unit 10, Edge Business Park, Welwyn Garden City, AL7 1WX

Notified 01/11/2021

CompanyRankvs 4135+ SIC 43210 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.66× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/10/2025

Net Worth

£429k

Balance sheet strength

Cash

£171k

Cash in the bank

Net Current Assets

£345k

Working capital

Current Assets

£866k

Current Liabilities

£521k

Fixed Assets

£257k

Debtors

£693k

14avg. employees+5

Tax at Year End(2024)

VAT£29k

Director Loans(2024)

Company owes directors£13k

Balance Sheet

Assets less current liabilities£602k
Signed by Mr Mark Nicolaides 27/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.66+£244k—
20241.43+£92k£570k
20231.23—£444k

Derived from filed accounts. Not audited figures.