PARKELECT LIMITED
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-09-21 (in 4mo)
Last made up 2025-09-07
Watchouts
None on the register
Cash
£110K
+112.4% vs 2024
Net assets
£9M
+1.8% vs 2024
Employees
57
0% vs 2024
Profit before tax
£7M
-3.3% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2025-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Turnover | — | £32,143,207 | £29,943,795 | |
| Operating profit | — | £2,526,902 | £1,522,561 | |
| Profit before tax | — | £7,488,156 | £7,243,160 | |
| Net profit | — | £6,933,845 | £6,756,380 | |
| Cash | £2,104,540 | -£887,737 | £109,734 | |
| Total assets less current liabilities | — | £9,702,469 | £9,235,190 | |
| Net assets | — | £9,002,185 | £9,160,979 | |
| Equity | — | £9,002,185 | £9,160,979 | |
| Average employees | — | 57 | 57 | |
| Wages | — | £2,088,987 | £2,551,934 | |
| Directors' remuneration | — | £665,443 | £833,587 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
-6.8%
£32,143,207 £29,943,795
-
Cash
+112.4%
-£887,737 £109,734
-
Net assets
+1.8%
£9,002,185 £9,160,979
-
Employees
0%
57 57
-
Operating profit
-39.7%
£2,526,902 £1,522,561
-
Profit before tax
-3.3%
£7,488,156 £7,243,160
-
Wages
+22.2%
£2,088,987 £2,551,934
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Operating margin | — | 7.9% | 5.1% | |
| Net margin | — | 21.6% | 22.6% | |
| Return on capital employed | — | 26.0% | 16.5% | |
| Current ratio | — | 1.15x | 1.08x | |
| Interest cover | — | 22.16x | 23.95x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- PARKELECT LIMITED 1993-09-09 → present
- SOCOMEC LIMITED 1993-02-11 → 1993-09-09
- CARMELO ENTERPRISES LIMITED 1992-11-09 → 1993-02-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- DNTCA Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- PARKELECT LIMITED · parent
- Elsteel UK Limited 100%
- Elsteel NI Limited 100%
- Elsteel Ireland Limited 100%
- Industrial Valve Specialists Limited 100%
- MCC Controls Limited 100%
- Parkelect Inc 100%
- Control Source Inc 67%
Significant events
- “The directors have evaluated all events occurring after 31 August 2025 and confirm that no adjusting or non-adjusting events have occurred that would require amendment of, or additional disclosure in, these financial statements under FRS 102.”
- “The company provided guarantees in respect of the bank overdrafts of its subsidiary company Elsteel UK Limited. The amount outstanding at 31 August 2025 was nil.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUPIT, Rob | Director | 2017-02-22 | Jan 1980 | British |
| GILLAN, James | Director | 2017-02-20 | Apr 1962 | British |
| MCCONACHIE, James Wallace | Director | 1992-11-09 | Apr 1946 | British |
| MCCONACHIE, Robert Martyn | Director | 2014-01-01 | Aug 1982 | British |
| MURPHY, Aidan | Director | 2018-01-01 | Aug 1976 | Irish |
| YOUNG, Michael | Director | 2024-06-14 | Sep 1980 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRAWFORD, Trevor John | Secretary | 1992-11-09 | 2017-01-30 |
| MCCONNELL, Thomas | Director | 1992-11-09 | 2015-08-31 |
| THOMPSON, Elizabeth Veronica | Director | 1992-11-09 | 2014-08-11 |
| WEIR, Colin | Director | 2017-02-22 | 2023-06-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Robert Martyn Mcconachie | Individual | Shares 25–50%, Voting 25–50% | 2022-07-31 | Ceased 2023-09-07 |
| Mr James Wallace Mcconachie | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
| Westbank Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | AA | accounts | Accounts with accounts type full | |
| 2025-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-27 | AA | accounts | Accounts with accounts type full | |
| 2022-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-23 | AA | accounts | Accounts with accounts type full | |
| 2022-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.