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Musgrave Transport Limited

02744319

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Caroline Elizabeth Johnson

director · Since 29/11/2024

British

James William Musgrave

director · Since 01/03/2017

British

Philip John O'Connell

director · Since 27/10/2023

British

Former

Christine Ann Maynard

secretary · Resigned 11/07/2011

Swift Incorporations Limited

corporate nominee secretary · Resigned 02/09/1992

Robin Harry Musgrave

director · Resigned 27/10/2023

CompanyRankvs 18380+ 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.