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Mercia Electrical Solutions Limited

13765905

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

CHAPEL GREEN, WEST MIDLANDS, WV13 1QY
Incorporated 25/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Michael David Clarke

director · Since 03/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 7 other boards

Mr Steven Peter Clarke

director · Since 03/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

Mercia Lifting Gear Limited

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

Chapel Green, Willenhall, WV13 1QY

Reg: 01611229 · Companies House · Limited Company

Notified 25/11/2021

CompanyRankvs 34641+ SIC 43210 peers
40

Financial strength24th percentile among SIC peers · 6/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength6/25 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.

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.

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

£100

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£110k

Working capital

Current Assets

£134k

Current Liabilities

£243k

Fixed Assets

£6k

Debtors

£88k

2avg. employees

Balance Sheet

Intangible assets£5k
Assets less current liabilities-£104k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.55
20230.70

Derived from filed accounts. Not audited figures.