{"name":"SMITHS ELECTRICAL (BOSTON) LIMITED","company_number":"05674919","status":"Active","type":"Private Limited Company","incorporated":"2006-01-13","dissolved":null,"registered_office":"The Sparks Church Road, Freiston, Boston, Lincolnshire, England, PE22 0NX","postcode":"PE22 0NX","sic_codes":[{"code":43210,"description":"Electrical installation"}],"principal_activity":null,"previous_names":[{"name":"A H ELECTRICAL & MECHANICAL LTD ","changed_on":"2007-09-24"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":11,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":1029681,"cash":787139,"average_employees":11},{"financial_date":"2025-03-31","net_assets":598497,"cash":244666,"average_employees":12},{"financial_date":"2024-03-31","net_assets":543604,"cash":169016,"average_employees":13},{"financial_date":"2023-03-31","net_assets":558791,"cash":224804},{"financial_date":"2022-03-31","net_assets":386945,"cash":135520}],"officers":{"current":3,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2026-09-22","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Smiths Electrical (Boston) Limited demonstrates financial performance that is exceptional by the standards of the UK electrical installation sector. Its balance sheet strength—particularly a cash position of £787k against current liabilities of £487k—places it well above typical industry benchmarks, where contractors routinely operate with minimal cash buffers and current ratios below 1.5:1. The dramatic growth in retained earnings and net assets in FY2026, coupled with significant capital investment in plant and machinery, suggests the company has successfully captured high-margin work streams, likely benefiting from renewable energy and regulatory compliance demand in the Lincolnshire region. The principal risks are key-person dependency inherent in a husband-and-wife ownership structure and the absence of an evident succession plan for a business now carrying over £1 million in net assets.","website":"http://www.smithselectricaluk.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/smiths-electrical-(boston)","people":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/people","filing_history":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05674919","financials":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/financial","gazette":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/gazette","control":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/control","charges":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/smiths-electrical-(boston)/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/smiths-electrical-(boston)"}