ELECTRICAL SOLUTIONS PLUS LIMITED

Executive Summary

Electrical Solutions Plus Limited holds a specialized position in the UK electrical installation market but faces critical financial challenges that threaten operational stability. Addressing liquidity constraints and strategically expanding service offerings and partnerships will be essential to unlocking growth potential and mitigating competitive and operational risks.

ELECTRICAL SOLUTIONS PLUS LIMITED - Analysis Report

Company Number: 12883541

Analysis Date: 2025-07-29 18:26 UTC

1. Executive Summary
   Electrical Solutions Plus Limited operates within the UK electrical installation sector as a micro-entity private limited company. While it demonstrates operational continuity since its incorporation in 2020, recent financials signal significant liquidity and equity erosion, posing strategic constraints to scaling and competitiveness in a fragmented, service-driven market.

2. Strategic Assets

• Niche Market Focus: The company’s specialization in electrical installation (SIC 43210) positions it within a consistent demand sector driven by construction and facility maintenance trends.
• Ownership and Control Concentration: Mr. Neill Andrew Newman’s 75-100% shareholding and directorship enable agile decision-making and streamlined governance, potentially facilitating rapid response to market needs.
• Low Overhead Structure: With zero reported employees, the company likely operates with minimal fixed costs, which may afford short-term flexibility in project execution or subcontracting arrangements.

3. Growth Opportunities

• Capital Injection and Working Capital Management: The sharp decline in net assets from £7,122 in 2023 to a negative £834 in 2024, along with increasing current liabilities exceeding current assets, suggests an urgent need for fresh capital or improved cash flow management to stabilize operations and enable growth.
• Service Diversification: Leveraging expertise in electrical installation to expand into complementary services such as smart home systems, energy efficiency upgrades, or maintenance contracts could create additional revenue streams and deepen client relationships.
• Strategic Partnerships: Forming alliances with construction firms or property developers could provide steady project pipelines and enhance market penetration beyond the immediate Clevedon region.

4. Strategic Risks

• Financial Fragility: The erosion of net assets and negative working capital in the latest fiscal year signals potential solvency risk that could restrict access to supplier credit, limit bidding on larger contracts, and deter investment.
• Scale and Capacity Limitations: Operating with no employees and minimal fixed assets may constrain the company's ability to handle larger or multiple concurrent projects, risking lost opportunities to more established competitors with greater resources.
• Market Competition: The electrical installation industry is highly competitive with many small players; without clear differentiation or scale, the company may struggle to maintain pricing power and customer loyalty.
• Dependence on Single Director: Concentrated control and operational reliance on a single director introduces succession and continuity risks that may impact long-term sustainability.