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Musgrave Transport Limited

02744319

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

CATFOSS AIRFIELD CATFOSS LANE, DRIFFIELD, YO25 8EJ
Incorporated 02/09/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

Industry

49410
Freight transport by road

Officers

Mr James William Musgrave

director · Since 01/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Philip John O'Connell

director · Since 27/10/2023

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mrs Caroline Elizabeth Johnson

director · Since 29/11/2024

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mholdco Limited

75–100% shares
75–100% votes
Appoint directors

C/O Musgrave Transport Limited, Musgrave's Yard, Catfoss Lane, Driffield, YO25 8EJ

Reg: 16920310 · England · Private Company Limited By Shares

Notified 25/03/2026

Former PSCs

Mr Robin Harry Musgrave

Ceased 26/11/2025

Mrs Wendy Musgrave

Ceased 04/09/2019

Mr James William Musgrave

Ceased 25/03/2026

Mrs Wendy Musgrave

Ceased 25/03/2026

Charges0 outstanding

Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 07/02/2018Registered 09/02/2018Satisfied 17/02/2026
charge
satisfied

CLYDESDALE BANK PLC

Created 21/04/2008Registered 26/04/2008Satisfied 17/02/2026

CompanyRankvs 1331+ SIC 49410 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£302k

Cash in the bank

Net Current Assets

£73k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.6M

Fixed Assets

£2.5M

Debtors

£1.4M

40avg. employees+4

Balance Sheet

Intangible assets£9k
Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04+£259k
20231.02

Derived from filed accounts. Not audited figures.