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Mce Electrical Contractors Ltd

09646975

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

PROGRESS WORKS, BRADFORD, BD4 7DN
Incorporated 18/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Peter Gaines

director · Since 18/06/2015

ELECTRICAL SERVICES

BRITISH · UNITED KINGDOM · Age 48

Mr Daniel Mark Varley

director · Since 18/06/2015

ELECTRICAL SERVICES

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Mr Nathan James Varley

director · Since 18/06/2015

ELECTRICAL SERVICES

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Persons with Significant Control

Mr Peter Gaines

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Unit 1, Bowling Park Close, Bradford, BD4 7HG

Notified 06/04/2016

Varley Group (Bradford) Ltd

25–50% shares
25–50% votes

Unit 1, Bowling Park Close, Bradford, BD4 7HG

Reg: 10311198 · Companies House · Ltd

Notified 23/04/2020

CompanyRankvs 1724+ SIC 43210 peers
84

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.13× · 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 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.

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 31/12/2024

Net Worth

£569k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£443k

Working capital

Current Assets

£833k

Current Liabilities

£391k

Fixed Assets

£157k

Debtors

£762k

12avg. employees

Tax at Year End

Corp tax£65k
VAT£35k

Director Loans

Company owes directors£12k

Balance Sheet

Assets less current liabilities£600k
Signed by Mr D M Varley 24/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.13+£156k£693k
20232.46-£8k£465k
20222.35+£95k£916k
20212.44+£28k£859k
20203.02+£51k£1.2M
20192.07+£186k£1.2M
20181.42

Derived from filed accounts. Not audited figures.