# PRIMELECTRICS LIMITED (11181874)

> PRIMELECTRICS LIMITED is an active private limited company (company number 11181874) incorporated on 1 February 2018, registered in Potters Bar. Its registered activity is electrical installation (SIC 43210). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £1.08m and cash of £656k, with 3 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 20% on the prior period (£904k).

- Status: Active
- Incorporated: 2018-02-01
- Registered office: Potters Bar, EN6 3DQ
- SIC 43210: Electrical installation
- SIC 71200: Technical testing and analysis
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-15
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 4,199 comparable companies in Greater London (median £5,863, upper quartile £31k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.08m | £656k | £564k | £136k | — | — | 3 |
| 2024-03-31 | £904k | £472k | £613k | £181k | — | — | 2 |

current ratio 8.95; size band micro.

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

- Net assets above zero: Net assets £1,083,165 at 31 March 2025
- Net assets up 10% or more on the prior period: +19.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 8.95
- Cash at bank of £50,000 or more: Cash £655,811
- Incorporated five or more years ago: Incorporated 1 February 2018

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

## Persons with significant control

- Mr Giorgio Demetriou — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-02-01
- Mrs Sophia Demetriou — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-02-01

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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/11181874
HTML: https://firmoscan.com/company/11181874-primelectrics-limited