Company Overview
P & L Electrics (M&E) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 13 June 2006, so this is a well established company. P & L Electrics (M&E) Limited has been in business for 19 years and 9 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Office T9 Technology Suite, Aghanloo Industrial Estate, Limavady, County Londonderry, BT49 0HE
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Companies House Data
Company NameP & L ELECTRICS (M&E) LIMITED
Company NumberNI059742
Registered Office AddressOffice T9 Technology Suite
 Aghanloo Industrial Estate
 BT49 0HE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/06/2006
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/07/2017
Returns Last Made Up Date13/06/2016
Previous Company NameChanged Date
JH DEVELOPMENTS LTD25 Apr 2024
Directors & Members
Show Resigned
Liam Crampsie - Director
(British, 59 years old, born May 1967)
Appointed 13 June 2006
 Active
Secretaries
Show Resigned
Other Company Directorships
Liam Crampsie
DRUMSURN MANAGEMENT COMPANY LIMITED
P & L ELECTRICS LIMITED
PHILIAM PROPERTIES LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets -1,276 -1,276 208,345
Current Assets 45,743 45,743 2,010
Creditors Due Within One Year 0 0 89,577
Working Cap 45,743 45,743 -87,567
Total Assets Less Current Liabilities 44,467 44,467 120,778
Long-term Liabilities 0 0 38,709
Net Assets 44,467 44,467 82,069
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 44,467 44,467 82,069
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets -2.9% -2.9% 99.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 102.9% 102.9% 1.0%
Creditors Due Within One Year 0.0% 0.0% 42.6%
Net Current Assets Liabilities - - -41.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 100.0% 100.0% 39.0%
Capital Employed - - -
Total Assets Less Current Liabilities 100.0% 100.0% 57.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 45743.0 45743.0 0.0
Solvency Ratio ∞ ∞ 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 44,467 44,467 210,355
Debt 0 0 128,286
Net Assets/Debt 44,467 44,467 82,069

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 12 June 2025 with no updates
Change of details for Mr Liam J.D. Crampsie as a person with significant control on 30 April 2024
Registered office address changed from 2 Aghanloo Industrial Estate Aghanloo Road Limavady County Londonderry BT49 0HE United Kingdom to Office T9 Technology Suite Aghanloo Industrial Estate Limavady County Londonderry BT49 0HE on 17 June 2024
Confirmation statement made on 12 June 2024 with updates
Registered office address changed from C/O P & L Electrics Ltd 2 Aghanloo Industrial Estate Aghanloo Road Limavady County Londonderry BT49 0HE to 2 Aghanloo Industrial Estate Aghanloo Road Limavady County Londonderry BT49 0HE on 10 June 2024
Confirmation statement made on 30 April 2024 with updates
Cessation of Philip Henry Smyth as a person with significant control on 17 April 2024
Termination of appointment of Phillip Henry Smyth as a secretary on 30 April 2024
Termination of appointment of Philip Henry Smyth as a director on 30 April 2024
Certificate of change of name
Confirmation statement made on 13 June 2023 with no updates
Confirmation statement made on 13 June 2022 with no updates
Confirmation statement made on 13 June 2021 with no updates
Confirmation statement made on 13 June 2020 with no updates
Confirmation statement made on 13 June 2019 with no updates
Confirmation statement made on 13 June 2018 with no updates
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