MJB ELECTRICAL CONTRACTS LIMITED

Executive Summary

MJB Electrical Contracts Limited is a newly formed micro-entity operating in the UK electrical installation sector, characterized by modest financial metrics and a single-employee structure. While the company currently functions as a niche local player with limited scale, it operates within a sector benefiting from steady demand driven by construction activity and green technology adoption. To enhance its competitive position, the firm must leverage its agility and technical expertise to capture specialized contracts amid sector-wide challenges such as labour shortages and material cost inflation.

MJB ELECTRICAL CONTRACTS LIMITED - Analysis Report

Company Number: SC757571

Analysis Date: 2025-07-29 20:05 UTC

1. Industry Classification
   MJB Electrical Contracts Limited operates within SIC code 43210, classified under "Electrical installation." This sector primarily involves the installation, maintenance, and repair of electrical wiring, fittings, and fixtures in buildings. It is a subset of the broader construction services industry, often characterized by a mix of small specialist contractors and larger firms offering comprehensive electrical and building services.

2. Relative Performance
   As a micro-entity incorporated in early 2023, MJB Electrical Contracts Limited is at the nascent stage of its business lifecycle. With fixed assets of £3,349 and net assets of £1,947 reported at the year-end 28 February 2024, the company’s scale is minimal compared to typical electrical installation firms, which often have larger asset bases and turnover. The company employs one individual, consistent with micro-entity parameters, and shows a modest level of current assets (£1,399) offset by current liabilities (£4,790). The net current assets figure appears positive in the accounts at £3,387, likely reflecting prepayments and accrued income treatment. Overall, the financial footprint is significantly smaller than average industry players, which often qualify as small or medium enterprises with more extensive operations.

3. Sector Trends Impact
   The electrical installation sector in the UK is experiencing steady demand driven by new construction projects, retrofit and upgrade work, and the rising adoption of energy-efficient and smart technologies. Trends such as increased building regulations on energy performance, electrification of heating systems, and expansion of renewable energy infrastructure (e.g., EV charging points) present growth opportunities for electrical contractors. However, the sector also faces challenges including skilled labour shortages, supply chain disruptions, and inflationary pressures on materials and labour costs. For a micro-entity like MJB Electrical Contracts Limited, entering the market amid these dynamics means navigating competitive pressures while capitalizing on niche demands and local contracts.

4. Competitive Positioning
   MJB Electrical Contracts Limited operates as a niche micro-entity player within the electrical installation industry. Its size and scale suggest a focus on local or small-scale contracts, possibly leveraging the director’s direct technical expertise as an electrician. Compared to typical competitors—which range from sole traders through SMEs to larger contractors—MJB’s limited asset and employee base imply constrained operational capacity and market reach. The company’s strengths lie in agility, low overheads, and the ability to provide personalized services. Weaknesses include limited financial resources to invest in equipment, marketing, or workforce expansion, which may restrict growth and resilience against larger competitors. The company’s positioning as a specialist micro-entity requires strategic focus on client relationships, quality workmanship, and possibly niche services aligned with emerging market trends like sustainable electrical solutions.