# LBI ELECTRICAL LTD (13952273)

> LBI ELECTRICAL LTD is an active private limited company (company number 13952273) incorporated on 3 March 2022, registered in Durham. Its registered activity is engineering related scientific and technical consulting activities (SIC 71122). Latest small accounts cover the period ending 31 March 2025, showing net assets of £2,704 and cash of £1,671, with 1 employee on average. Net assets fell 82% on the prior period (£15k).

- Status: Active
- Incorporated: 2022-03-03
- Registered office: Durham, DH6 2SP
- SIC 71122: Engineering related scientific and technical consulting activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 333 comparable companies in Newcastle (median £7,066, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2,704 | £1,671 | £12k | £11k | — | — | 1 |
| 2024-03-31 | £15k | £35k | — | £4,706 | — | — | 1 |

current ratio 1.22; size band micro.

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

- Net assets above zero: Net assets £2,704 at 31 March 2025
- Net assets down 25% or more on the prior period: -82.3% vs prior period
- Incorporated two to five years ago: Incorporated 3 March 2022

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

## Persons with significant control

- Liam Barrie Irving — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-03-03

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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/13952273
HTML: https://firmoscan.com/company/13952273-lbi-electrical-ltd