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Multicore Electrical Ltd

12183102

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

500 WHITE HART LANE, LONDON, N17 7NA
Incorporated 02/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
43390
Other building completion and finishing
43999
Specialised construction activities

Officers

Mr Kemal Guler

director · Since 02/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Kemal Guler

75–100% shares
75–100% votes

British · England · Age 38

227, Hornsey Road, London, N7 6RZ

Notified 02/09/2019

CompanyRankvs 22699+ SIC 43210 peers
54

Financial strength58th percentile among SIC peers · 14/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 30/09/2024

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£38k

Current Liabilities

£58k

Fixed Assets

£45k

4avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66-£1k
20230.98+£7k
20220.80+£4k
20217.16+£246
20200.63

Derived from filed accounts. Not audited figures.