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Morecroft Electrical Group Limited

12268835

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MILLDALE HOUSE, DERBY, DE1 3QB
Incorporated 17/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Jared Ian Mitchell

director · Since 10/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Nicholas Charles Morecroft

director · Since 10/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Morecroft Electrical Group Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Milldale House, Prime Park Way, Derby, DE1 3QB

Notified 29/10/2024

Former PSCs

Mr John Anthony Smith

Ceased 12/01/2024

Mr Nigel De-La-Haye

Ceased 05/01/2021

Mr Jared Ian Mitchell

Ceased 29/10/2024

Mr Nicholas Charles Morecroft

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 14/04/2026Registered 16/04/2026

CompanyRankvs 25094+ SIC 43210 peers
38

Financial strength93th percentile among SIC peers · 23/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£260k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.8M

Working capital

Current Assets

£19k

Current Liabilities

£1.8M

Debtors

£17k

0avg. employees

Tax at Year End(2021)

Dividends paid£47k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01+£60k
20240.00+£0
20230.01+£0
20220.01+£0
20210.01+£0
20200.00

Derived from filed accounts. Not audited figures.