# GMEC ELECTRICAL LIMITED (06320389)

> GMEC ELECTRICAL LIMITED is an active private limited company (company number 06320389) incorporated on 23 July 2007, registered in Bideford. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 July 2025, showing net assets of £151k and cash of £78k, with 10 employees on average. Net assets fell 17% on the prior period (£182k).

- Status: Active
- Incorporated: 2007-07-23
- Registered office: Bideford, EX39 1BX
- SIC 43210: Electrical installation
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 6,950 comparable companies in Other (median £7,343, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £151k | £78k | — | £175k | — | — | 10 |
| 2024-07-31 | £182k | £136k | — | £146k | — | — | 10 |

current ratio 1.51; size band micro.

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

- Net assets above zero: Net assets £150,842 at 31 July 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.51
- Cash at bank of £50,000 or more: Cash £78,398
- Incorporated five or more years ago: Incorporated 23 July 2007

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

## Persons with significant control

- Mr Marcus Patrick Hearn — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-06-30
- Mr Graham Michael Wray — owns 25–50% of shares; holds 25–50% 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/06320389
HTML: https://firmoscan.com/company/06320389-gmec-electrical-limited