−£71k
vs Aug 2024Active10907000Private limited companyBedford
BANKS ELECTRICAL LTD
Significant control: Peter Banks (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Banks Electrical Ltd sell?
Registered activity: Electrical installation (SIC 43210). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
BANKS ELECTRICAL LTD is an active private limited company (company number 10907000) incorporated on 9 August 2017, registered in Bedford. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£71k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 55% on the prior period (−£46k).
Peer position · net assets
By net assets it sits in the bottom quarter of 341 comparable companies in Milton Keynes (median £6,243, upper quartile £40k).
02
Ownership and control
- Mr Peter Banks
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 9 August 20179 yrs ago
- Next accounts due
- 31 May 2027in 219 days
- Confirmation statement due
- 23 August 2027in 303 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 43210
- Electrical installation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
3
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | −£71k | — | — | — | — | — | 3 |
| 31 August 2024 | −£46k | — | — | — | — | — | 3 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-71,389 at 31 August 2025
- Net assets down 25% or more on the prior period-55.3% vs prior period
- Incorporated five or more years agoIncorporated 9 August 2017
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 303 days
- Next accounts duein 219 days
- Accounts period endNet liabilities £71k · micro accounts
- Accounts period endNet liabilities £46k · micro accounts
- Incorporated
08
Similar companies in Milton Keynes
- COMFORT FLOORS LIMITEDMilton Keynes · inc. Jul 2017
- ZEBRA CONSTRUCT LTDMilton Keynes · inc. May 2017
- DREAMWORKS CONTRACTORS LIMITEDMilton Keynes · inc. May 2017
- JC HEATING AND ELECTRICAL LIMITEDMilton Keynes · inc. May 2017
- SAFE CHECK ELECTRICAL LTDMilton Keynes · inc. Nov 2017
- GS CABLE SOLUTIONS LIMITEDMilton Keynes · inc. Apr 2017
All companies incorporated on 9 August 2017 · in Aug 2017.
09
Reminders for BANKS ELECTRICAL LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.