THE ELECTRICAL NETWORK (SCARBOROUGH) LIMITED
Company number 07069722 · Monitor this company
Executive summary
The Electrical Network (Scarborough) Limited is a distressed wholesale business under administration, where the headline net asset position of £709K masks a critical liquidity crisis—only £5K in cash supports £917K in near-term obligations, while 68% of assets are locked in illiquid long-term receivables. The strategic imperative is not growth but survival: maximizing recovery from the £1.275M debtor book represents the only viable path to creditor satisfaction and potential business preservation. Any future beyond administration depends entirely on the administrator's ability to monetize receivables and the parent company's willingness to support a structured turnaround or facilitate a pre-pack sale.
Shareholders' funds
£709,194
Balance sheet as at 2025-05-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-11-08
- Registered office
- 1 Radian Court, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8PJ
- Postcode
- MK5 8PJ
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-02-28
- Financial year end
- 31 May
Confirmation statement
- Last statement dated
- 2025-11-08
- Next due by
- 2026-11-22
Nature of business (SIC)
- 46520 Wholesale of electronic and telecommunications equipment and parts
Officers 1 current · 7 resigned
Group structure
Controlled by AVOCET SCARBOROUGH HOLDINGS LIMITED — since 2018-03-29
From persons-with-significant-control filings on the public register.
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 13 YORKERSGATE, MALTON, NORTH YORKSHIRE, YO17 7AA | 2017-11-01 |
| UNIT 4 STADIUM WORKS, BARRYS LANE, SCARBOROUGH, YO12 4HA | 2014-04-30 |
| UNIT 4 STADIUM WORKS, BARRYS LANE, SCARBOROUGH, YO12 4HA | 2014-04-30 |
The class of 2009
34%
of the 238 companies in this sector incorporated in 2009 are still active today; 64% have since been dissolved.
A fact about the year, not a forecast for this company.