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M&V Electrical Ltd

14395336

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

3 WHYTEWATERS, BASILDON, SS16 4UU
Incorporated 03/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Vilius Valaitis

director · Since 03/10/2022

ELECTRICIAN

LITHUANIAN · ENGLAND · Age 36

Persons with Significant Control

Mr Vilius Valaitis

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

Lithuanian · England · Age 36

3, Whytewaters, Basildon, SS16 4UU

Notified 03/10/2022

CompanyRankvs 16984+ SIC 43210 peers
58

Financial strength64th percentile among SIC peers · 16/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.18× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

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.

Longevity4/15 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 31/10/2024

Net Worth

£17k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£25k

Current Liabilities

£8k

Debtors

£7k

1avg. employees

Tax at Year End

Corp tax£5k

Director Loans

Company owes directors£3k
Directors owe company£3k

Balance Sheet

Assets less current liabilities£17k
Signed by Mr VILIUS VALAITIS 28/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.18+£13k
20231.70

Derived from filed accounts. Not audited figures.