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Msp Electrical Design Ltd

13551258

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

7 IDLE ROAD, BRADFORD, BD2 4QA
Incorporated 06/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
43999
Specialised construction activities
71121
Engineering design activities for industrial process and production
74100
Specialised design activities

Officers

Mr Ravinder Singh Narr

director · Since 06/08/2021

ELECTRICAL DEISGNER

BRITISH · UNITED KINGDOM · Age 41

Mrs Kiran Kaur Powar

director · Since 01/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mrs Kiran Kaur Powar

75–100% shares

British · England · Age 40

7, Idle Road, Bradford, BD2 4QA

Notified 01/06/2023

Former PSCs

Mr Ravinder Singh Narr

Ceased 01/06/2023

CompanyRankvs 12752+ SIC 43290 peers
53

Financial strength45th percentile among SIC peers · 11/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.48× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 pts

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

Liquidity20/20 pts

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

Longevity5/15 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 31/08/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£4k

Current Liabilities

£733

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20245.48
20236.81

Derived from filed accounts. Not audited figures.