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Meglec Electrical Contractors Limited

10804927

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

C17 KESTREL BUSINESS CENTRE PRIVATE ROAD 2, NOTTINGHAM, NG4 2JR
Incorporated 06/06/2017

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

23/07/2026

On track

Confirmation statement

Last: 05/06/2025

Due 19/06/2026

On track

Industry

43210
Electrical installation

Officers

Mr James Stuart Hyde

director · Since 06/06/2017

ELECTRICIAN

BRITISH · ENGLAND · Age 49

Mr Brett Aiden Bithel

director · Since 05/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Brett Aiden Bithel

25–50% shares

British · England · Age 41

C17 Kestrel Business Centre, Private Road 2, Nottingham, NG4 2JR

Notified 05/10/2017

Former PSCs

Mr James Stuart Hyde

Ceased 07/06/2017

Mr Brett Aiden Bithel

Ceased 07/06/2017

CompanyRankvs 7764+ SIC 43210 peers
70

Financial strength77th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees15/15 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.

Longevity9/15 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 31/07/2024

Net Worth

£45k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£426k

Current Liabilities

£403k

Fixed Assets

£135k

Debtors

£361k

21avg. employees+8

Tax at Year End(2022)

Corp tax£39k

Director Loans(2022)

Directors owe company£5k

Balance Sheet

Assets less current liabilities£158k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06+£6k
20231.10+£17k
20221.20+£13k
20211.21-£17k
20201.31-£13k
20191.36+£25k
20181.26

Derived from filed accounts. Not audited figures.