Back to search

Mehul Electrical Ltd

15115934

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

25 HILL WAY, LEICESTER, LE2 5YG
Incorporated 05/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr Bhavik Ram Karavadra

director · Since 05/09/2023

DIRECTOR

INDIAN · ENGLAND · Age 33

Also on 2 other boards

Persons with Significant Control

Mr Bhavik Ram Karavadra

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

Indian · England · Age 33

12, Hartshorn Close, Leicester, LE4 8LL

Notified 05/09/2023

CompanyRankvs 2112+ SIC 33140 peers
42

Financial strength7th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Regal Manufacturing Limited
90
2Aspull Electrical Services Limited
90
3Werfen Limited
90
4F.R. Townsend & Co., Limited
90
5Central Electrical Armature Winding Co. Limited
90
6Gordon Wilson (Process Systems) Limited
90
7Caravan Park Electrical Services Limited
90
8Goonvean Electronics Limited
90
9Spellman High Voltage Electronics Limited.
90
10Avrs Systems Limited
90
2112Mehul Electrical Ltd
52
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Longevity3/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Amounts repaid Amounts written off As at 30 September 2025 £ £ £ £ £ Mr Bhavik Karavadra 1,826 1,236 ( 2,060 ) - 1,002 The above loan is unsecured, interest free and repayable on demand. 4. Going concern The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Page 0 Page

Key FinancialsYear ending 30/09/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£42k

Current Liabilities

£9k

4avg. employees+2

Balance Sheet

Assets less current liabilities£33k
Signed by Mr Bhavik Karavadra 23/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20254.74
20241.06

Derived from filed accounts. Not audited figures.