Massey Truck Engineering Limited
02602321
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/04/2026
Due 01/05/2027
Industry
Officers
Nigel Jeremy Strevens
secretary · Since 14/08/2018
Ian James Roberts
director · Since 16/04/2018
British
Nigel Jeremy Strevens
director · Since 22/02/2018
British
Timothy Maxwell Strevens
director · Since 22/02/2018
British
Former
Josephine Willis
secretary · Resigned 01/08/2003
Simon Nicholas Willis
secretary · Resigned 14/08/2018
Swift Incorporations Limited
corporate nominee secretary · Resigned 09/05/1991
David Lee Brooks
director · Resigned 22/02/2018
Oliver John Brooks
director · Resigned 22/02/2018
Pamela Lee Brooks
director · Resigned 22/02/2018
Stuart John Brooks
director · Resigned 03/12/2001
Instant Companies Limited
corporate nominee director · Resigned 09/05/1991
CompanyRankvs 105+ SIC 29201 peers80
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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
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
£16.4M
Annual revenue
Net Worth
£7.8M
Balance sheet strength
Cash
£6.5M
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£7.9M
Working capital
Current Assets
£10.3M
Current Liabilities
£2.5M
Fixed Assets
£933k
Debtors
£2.1M
Cost of Sales
£12.6M
Gross Profit
£3.7M
Admin Expenses
£2.4M
Operating Profit
£1.3M
Profit After Tax
£925k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.18 | +£925k |
| 2023 | 2.21 | — |
Derived from filed accounts. Not audited figures.