Myc Electrical Limited
11029773
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/02/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 2 other boards
Persons with Significant Control
Mrs Raizel Black
British · England · Age 34
21, Sedgley Avenue, Manchester, M25 0LS
Notified 28/02/2024
Former PSCs
Mrs Naomi Chesner
Ceased 28/02/2024
Mr Mordchai Yosef Chesner
Ceased 28/02/2024
CompanyRankvs 24172+ SIC 43210 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£35k
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 10.64 | -£611 |
| 2023 | 1.11 | -£2k |
| 2022 | 0.47 | — |
| 2021 | 6.97 | — |
| 2020 | 0.48 | -£1k |
| 2019 | 0.57 | -£3k |
| 2018 | 0.57 | — |
Derived from filed accounts. Not audited figures.