# MALCOLM HITCHMAN ELECTRICAL LIMITED (02432057)

> MALCOLM HITCHMAN ELECTRICAL LIMITED is an active private limited company (company number 02432057) incorporated on 13 October 1989, registered in Reading. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.20m and cash of £877k, with 6 employees on average. Net assets rose 15% on the prior period (£1.04m).

- Status: Active
- Incorporated: 1989-10-13
- Registered office: Reading, RG1 1TG
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-10-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 704 comparable companies in Reading (median £8,335, upper quartile £43k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.20m | £877k | — | £171k | — | — | 6 |
| 2024-03-31 | £1.04m | £660k | — | £146k | — | — | 6 |

current ratio 7.37; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,196,230 at 31 March 2025
- Net assets up 10% or more on the prior period: +14.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.37
- Cash at bank of £50,000 or more: Cash £876,641
- Incorporated five or more years ago: Incorporated 13 October 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Malcolm George Thomas Hitchman — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-06-30
- Mr Nathan Gary Hitchman — owns 50–75% of shares; holds 50–75% of voting rights, since 2016-06-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02432057
HTML: https://firmoscan.com/company/02432057-malcolm-hitchman-electrical-limited