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Solmere Electrical Ltd

12698266

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

15 NEW STREET, MILTON KEYNES, MK11 1BW
Incorporated 25/06/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

43210
Electrical installation
43320
Joinery installation

Officers

Mr Michael Solomon Salisbury

director · Since 17/12/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Michael Solomon Salisbury

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 39

15, New Street, Milton Keynes, MK11 1BW

Notified 11/01/2021

Former PSCs

Dune Construction Ltd

Ceased 05/01/2021

CompanyRankvs 22748+ SIC 43210 peers
55

Financial strength61th percentile among SIC peers · 15/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees3/15 pts

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

Liquidity16/20 pts

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

Longevity6/15 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 30/06/2025

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£16k

Current Liabilities

£10k

Fixed Assets

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Signed by Mr Michael Salisbury Mr Michael Salisbury 10/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.64+£0
20251.64+£16k
20240.85
20231.03
20221.48+£31k
20211.61

Derived from filed accounts. Not audited figures.