# BANELEC LIMITED (05635655)

> BANELEC LIMITED is an active private limited company (company number 05635655) incorporated on 24 November 2005, registered in Brierley Hill. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 March 2026, showing net assets of £926k and cash of £436k, with 13 employees on average. Net assets rose 31% on the prior period (£705k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2005-11-24
- Registered office: Brierley Hill, DY5 1UB
- SIC 43210: Electrical installation
- Next accounts due: 2027-12-31
- Confirmation statement due: 2026-12-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,725 comparable companies in Birmingham (median £7,278, upper quartile £44k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £926k | £436k | — | £620k | — | — | 13 |
| 2025-03-31 | £705k | £203k | — | £387k | — | — | 16 |
| 2024-03-31 | £773k | £420k | — | £714k | — | — | 15 |

current ratio 1.09; net assets trend volatile; size band small.

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

- Net assets above zero: Net assets £925,627 at 31 March 2026
- Net assets up 10% or more on the prior period: +31.2% vs prior period
- Cash at bank of £50,000 or more: Cash £435,994
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 24 November 2005

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

## Persons with significant control

- Mr Dean Banner — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2016-04-06
- Mrs Elisabeth Jennie Banner — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-08-28

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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/05635655
HTML: https://firmoscan.com/company/05635655-banelec-limited