# M & E ELECTRICAL (N.I.) LTD (NI641376)

> M & E ELECTRICAL (N.I.) LTD is an active (proposal to strike off) private limited company (company number NI641376) incorporated on 11 October 2016, registered in Londonderry. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £58k, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 33% on the prior period (£86k).

- Status: Active - Proposal to Strike off
- Incorporated: 2016-10-11
- Registered office: Londonderry, BT47 3XB
- SIC 43210: Electrical installation
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-10-25
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half 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 |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £58k | — | — | £32k | — | — | 4 |
| 2023-12-31 | £86k | — | — | £47k | — | — | 2 |

current ratio 2.77; size band micro.

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

- Net assets above zero: Net assets £57,868 at 31 December 2024
- Net assets down 25% or more on the prior period: -32.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.77
- Incorporated five or more years ago: Incorporated 11 October 2016
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Eoghan O'Neill — owns 25–50% of shares, since 2016-10-11
- Martin Mcguinness — owns 25–50% of shares, since 2016-10-11

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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/NI641376
HTML: https://firmoscan.com/company/NI641376-m-e-electrical-n-i-ltd