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Milne Electrical Limited

12238530

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

11 TRINITY STREET, BUNGAY, NR35 1EH
Incorporated 02/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Thomas Peter Milne

director · Since 02/10/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Thomas Peter Milne

75–100% shares
75–100% votes

British · United Kingdom · Age 38

11, Trinity Street, Bungay, NR35 1EH

Notified 02/10/2019

CompanyRankvs 14658+ SIC 43210 peers
61

Financial strength75th percentile among SIC peers · 19/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.34× · 12/20
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 strength19/25 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.

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.

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 31/10/2025

Net Worth

£40k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£88k

Current Liabilities

£66k

Fixed Assets

£22k

Debtors

£4k

2avg. employees+1

Tax at Year End

Corp tax£10k
VAT£4k

Director Loans

Company owes directors£48k

Balance Sheet

Assets less current liabilities£44k
Signed by Mr Thomas Milne 05/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.34-£14k£72k
20241.55+£7k£59k
20231.65£39k

Derived from filed accounts. Not audited figures.