£23.69m
+17%vs Mar 2024ActiveNI034252Private limited companyMagherafelt
PREMIER ELECTRICS LIMITED
Significant control: Mark Scullion (significant control)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Premier Electrics Limited 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
PREMIER ELECTRICS LIMITED is an active private limited company (company number NI034252) incorporated on 26 May 1998, registered in Magherafelt. Its registered activity is electrical installation (SIC 43210). Latest full accounts cover the period ending 31 March 2025, showing net assets of £23.69m and cash of £11.69m, with 81 employees on average. Turnover was £51.70m and profit for the year £7.46m. Net assets rose 17% on the prior period (£20.23m).
Peer position · net assets
By net assets it sits in the top quarter of 709 comparable companies in Belfast (median £19k, upper quartile £93k).
02
Ownership and control
- Mr Mark Scullion
- has significant influence or control
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
- 26 May 199828 yrs ago
- Next accounts due
- 31 December 2026in 69 days
- Confirmation statement due
- 9 June 2027in 229 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
- Full
- Size band
- MediumCompanies Act thresholds
05
Financials
£11.69m
−14%vs Mar 2024£51.70m
−1%vs Mar 202481
+3%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £23.69m | £11.69m | — | £9.91m | £51.70m | £7.46m | 81 |
| 31 March 2024 | £20.23m | £13.61m | — | £10.08m | £52.35m | £7.38m | 79 |
| 1 April 2023 | — | — | — | — | — | — | — |
Current ratio3.25Current assets ÷ creditors within one year
Net margin14.4%Profit for the year ÷ turnover
Cash per employee£144kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £23,688,958 at 31 March 2025
- Net assets up 10% or more on the prior period+17.1% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 3.25
- Cash at bank of £50,000 or moreCash £11,689,304
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 26 May 1998
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 229 days
- Next accounts duein 69 days
- Accounts period endNet assets £23.69m · full accounts
- Accounts period endNet assets £20.23m · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Belfast
- POWERTEAM ELECTRICAL SERVICES (UK) LIMITEDBelfast · inc. Aug 1998
- BRAHAM GROUP LIMITEDCounty Down · inc. Sept 1998
- DIRECT ELECTRICAL SERVICES (IRELAND) LTDLondonderry · inc. Sept 1998
- PREMIER ELECTRICAL (NI) LIMITEDBallynahinch · inc. Oct 1997
- W H ENGINEERING SERVICES (ELECTRICAL) LTDBallynahinch · inc. Mar 1997
- IRWIN M&E LIMITEDCraigavon · inc. Aug 1999
All companies incorporated on 26 May 1998 · in May 1998.
09
Reminders for PREMIER ELECTRICS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.