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Mk Power Electrical Limited

09629963

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

22 ST. JOHN STREET, NEWPORT PAGNELL, MK16 8HJ
Incorporated 09/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Christopher Martyn Spruce

director · Since 09/06/2015

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 65

Also on 6 other boards

Mrs Janet Spruce

director · Since 09/06/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Christopher Martyn Spruce

25–50% shares

British · England · Age 65

Unit 29, Walker Avenue, Milton Keynes, MK12 5TW

Notified 30/06/2016

Mrs Janet Spruce

25–50% shares

British · England · Age 63

Unit 29, Walker Avenue, Milton Keynes, MK12 5TW

Notified 30/06/2016

CompanyRankvs 1024+ SIC 70100 peers
80

Financial strength81th percentile among SIC peers · 20/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 15.03× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 pts

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

Longevity11/15 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 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£641k

Cash in the bank

Net Current Assets

£779k

Working capital

Current Assets

£835k

Current Liabilities

£56k

Fixed Assets

£278k

Debtors

£193k

7avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202515.03+£34k
20247.46+£198k
20236.83-£33k
202211.39+£49k
20217.65+£32k
20204.69+£228k
20192.72

Derived from filed accounts. Not audited figures.