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M1electrical Design&Installation Ltd

13788084

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 5, MANCHESTER, M43 7EL
Incorporated 07/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Henry James Matley

director · Since 07/12/2021

ELECTRICIAN

ENGLISH · ENGLAND · Age 27

Also on 2 other boards

Persons with Significant Control

Mr Henry James Matley

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

English · England · Age 27

132, Penrith Avenue, Ashton-Under-Lyne, OL7 9JQ

Notified 07/12/2021

CompanyRankvs 7302+ SIC 43210 peers
72

Financial strength85th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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7302M1electrical Design&Installation Ltd
71
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£94k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£129k

Current Liabilities

£52k

Fixed Assets

£16k

3avg. employees

Tax at Year End(2022)

Corp tax£5k

Director Loans(2022)

Company owes directors£3k

Balance Sheet

Assets less current liabilities£94k
Signed by Mr Henry Matley 06/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£68k
20231.19+£15k
20222.12—

Derived from filed accounts. Not audited figures.