# MATT BAINES ELECTRICAL LTD (11251885)

> MATT BAINES ELECTRICAL LTD is an active private limited company (company number 11251885) incorporated on 13 March 2018, registered in Skipton. Its registered activity is repair of electrical equipment (SIC 33140). Latest small accounts cover the period ending 31 March 2025, showing net assets of £25k and cash of £1,244, with 3 employees on average. Net assets fell 34% on the prior period (£39k).

- Status: Active
- Incorporated: 2018-03-13
- Registered office: Skipton, BD23 3SE
- SIC 33140: Repair of electrical equipment
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 109 comparable companies in Leeds (median £7,162, upper quartile £59k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £25k | £1,244 | £31k | £16k | — | — | 3 |
| 2024-03-31 | £39k | £49k | £16k | £35k | — | — | 3 |

current ratio 2.08; size band micro.

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

- Net assets above zero: Net assets £25,284 at 31 March 2025
- Net assets down 25% or more on the prior period: -34.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.08
- Incorporated five or more years ago: Incorporated 13 March 2018

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

## Persons with significant control

- Mr Matt Baines — owns 75–100% of shares; holds 75–100% of voting rights, since 2018-03-13

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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/11251885
HTML: https://firmoscan.com/company/11251885-matt-baines-electrical-ltd