# PREMIER ELECTRICS LIMITED (NI034252)

> PREMIER ELECTRICS LIMITED is an active private limited company (company number NI034252) incorporated on 26 May 1998, registered in Magherafelt. Its registered activity is electrical installation (SIC 43210). Latest full accounts cover the period ending 31 March 2025, showing net assets of £23.69m and cash of £11.69m, with 81 employees on average. Turnover was £51.70m and profit for the year £7.46m. Net assets rose 17% on the prior period (£20.23m).

- Status: Active
- Incorporated: 1998-05-26
- Registered office: Magherafelt, BT45 8JQ
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-06-09
- Accounts type: FULL

By net assets it sits in the top quarter of 709 comparable companies in Belfast (median £19k, upper quartile £93k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £23.69m | £11.69m | — | £9.91m | £51.70m | £7.46m | 81 |
| 2024-03-31 | £20.23m | £13.61m | — | £10.08m | £52.35m | £7.38m | 79 |
| 2023-04-01 | — | — | — | — | — | — | — |

current ratio 3.25; net margin 14.4%; size band medium.

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

- Net assets above zero: Net assets £23,688,958 at 31 March 2025
- Net assets up 10% or more on the prior period: +17.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.25
- Cash at bank of £50,000 or more: Cash £11,689,304
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 26 May 1998

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

## Persons with significant control

- Mr Mark Scullion — has significant influence or control, since 2016-04-06

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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/NI034252
HTML: https://firmoscan.com/company/NI034252-premier-electrics-limited