# MHE ELECTRICAL LTD (15268104)

> MHE ELECTRICAL LTD is an active private limited company (company number 15268104) incorporated on 7 November 2023, registered in Sheffield. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £23k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 321% on the prior period (£5,465).

- Status: Active
- Incorporated: 2023-11-07
- Registered office: Sheffield, S12 3FA
- SIC 43210: Electrical installation
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-21
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,107 comparable companies in Sheffield (median £8,294, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £23k | — | — | £20k | — | — | 2 |
| 2024-10-31 | £5,465 | — | — | £25k | — | — | 2 |

current ratio 1.96; size band micro.

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

- Net assets above zero: Net assets £23,015 at 31 October 2025
- Net assets up 10% or more on the prior period: +321.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.96
- Incorporated two to five years ago: Incorporated 7 November 2023

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

## Persons with significant control

- Mr Philip Hustler — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-11-07
- Mr Russell Lee Morley — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-11-07

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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/15268104
HTML: https://firmoscan.com/company/15268104-mhe-electrical-ltd