M.G. Electrical (Norfolk) Ltd
11437823
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Gaskell
British · England · Age 54
Birch Tree Cottage, Sandpit Lane, Gimingham, Norwich, NR11 8HH
Notified 28/06/2018
Mrs Lorna Gaskell
British · England · Age 57
Birch Tree Cottage, Sandpit Lane, Gimingham, Norwich, NR11 8HH
Notified 28/06/2018
CompanyRankvs 17007+ SIC 43210 peers61
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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 30/06/2025
Net Worth
£11k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£11k
Working capital
Current Assets
£28k
Current Liabilities
£17k
Fixed Assets
£745
Debtors
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.61 | +£4k |
| 2024 | 1.44 | +£3k |
| 2023 | 1.14 | +£477 |
| 2022 | 1.21 | -£1k |
| 2021 | 1.30 | +£237 |
| 2020 | 1.19 | +£3k |
| 2019 | 0.69 | — |
Derived from filed accounts. Not audited figures.