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M J Wallace Limited

10111515

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 4A NI PARK NI PARK, NEWPORT, TF10 9LH
Incorporated 07/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael Wallace

secretary · Since 07/04/2016

Also on 1 other board

Mr Michael Wallace

director · Since 07/04/2016

ELECTRICIAN

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Michael Wallace

75–100% shares

British · England · Age 39

Unit 4a Ni Park, Ni Park, Newport, TF10 9LH

Notified 06/04/2017

CompanyRankvs 8949+ SIC 43210 peers
72

Financial strength93th percentile among SIC peers · 23/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 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.

Longevity10/15 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 30/04/2026

Net Worth

£285k

Balance sheet strength

Cash

£349k

Cash in the bank

Net Current Assets

£197k

Working capital

Current Assets

£470k

Current Liabilities

£273k

Fixed Assets

£117k

Debtors

£114k

2avg. employees

Tax at Year End(2023)

VAT£24k

Director Loans(2024)

Company owes directors£93

Balance Sheet

Assets less current liabilities£314k
Signed by Mr Michael Wallace 10/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.72+£282k
20250.90-£127k
20241.69+£4k
20232.15£482k

Derived from filed accounts. Not audited figures.