M.J. Sections Limited
01451657
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/1999
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 4 other boards
director · Since 01/07/2019
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Mj Sections Aerospace Group Limited
Grove House, Steelpark Road, Halesowen, B62 8BF
Reg: 07417548 · England And Wales · Limited Company
Notified 20/12/2024
Former PSCs
Miss Samantha Claire Harding
Ceased 20/12/2024
Mr Paul Robert Malcolm Jordan
Ceased 20/12/2024
Charges1 outstanding
SVENSKA HANDELSBANKEN AB (PUBL)
HANDELSBANKEN FINANS AB (PUBL)
SVENSKA HANDELSBANKEN AB (PUBL)
SVENSKA HANDELSBANKEN AB (PUBL)
SVENSKA HANDELSBANKEN AB (PUBL)
ALLIED IRISH BANKS PLC
ALLIED IRISH BANKS PLC
ALLIED IRISH BANKS PLC
ROYSCOT INDUSTRIAL LEASING LIMITED · ROYSCOT TRUST PLCAS TRUSTEE FOR · ROYSCOT LEASING LIMITED · ROYSCOT YEATES LIMITED AND ANY OTHER SUBSIDIARY FOR THE TIME BEING OF ROYSCOT TRUST PLC · ROYSCOT SPA LEASING LIMITED · ROYSCOT COMMERCIAL LEASING LIMITED
ROYSCOT INDUSTRIAL LEASING LIMITED · ROYSCOT LEASING LIMITED · ROYSCOT SPA LEASING LIMITED · ROYSCOT TRUST PLCAS TRUSTEE FOR · ROYSCOT COMMERCIAL LEASING · ROYSCOT YEATES AND ANY OTHER SUBSIDIARY FOR THE TIME BEING OF ROYSCOT TRUST PLC
MIDLAND BANK PLC
CompanyRankvs 32+ SIC 25990 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£28.1M
Annual revenue
Net Worth
£23.6M
Balance sheet strength
Cash
£4.7M
Cash in the bank
Profit Before Tax
£4.3M
Bottom line earnings
Net Current Assets
£19.1M
Working capital
Current Assets
£23.6M
Current Liabilities
£4.5M
Fixed Assets
£5.8M
Debtors
£7.5M
Cost of Sales
£18.4M
Gross Profit
£9.7M
Admin Expenses
£5.4M
Operating Profit
£4.3M
Profit After Tax
£3.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.27 | -£7.9M |
| 2023 | 6.50 | — |
| 2022 | 8.87 | — |
| 2021 | 9.55 | — |
| 2020 | 17.84 | — |
| 2019 | 7.86 | — |
| 2018 | 5.03 | — |
Derived from filed accounts. Not audited figures.