European Minardi Team Limited
02967253
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 13/09/2025
Due 27/09/2026
Industry
Officers
secretary · Since 13/09/1994
COMPANY SECRETARY
BRITISH · UNITED KINGDOM · Age 68
Also on 10 other boards
director · Since 13/09/1994
DIRECTOR
AUSTRALIAN · UNITED KINGDOM · Age 71
Also on 11 other boards
director · Since 04/10/2005
AIRLINE
BRITISH · ENGLAND · Age 62
Also on 5 other boards
Persons with Significant Control
Mr Paul Gerard Stoddart
Australian · United Kingdom · Age 71
Ground Floor, Custom House, Waterfront East, Brierley Hill, DY5 1XH
Notified 14/08/2018
Former PSCs
Gannett Investments Limited
Ceased 14/08/2018
CompanyRankvs 8163+ SIC 93199 peers42
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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
ability to continue as a going concern. The company expects to retain the support of its fellow subsidiary companies and directors, who have formally indicated that they will continue to support the company and not require any repayment o
Key FinancialsYear ending 31/12/2025
Net Worth
-£3.2M
Balance sheet strength
Cash
£116k
Cash in the bank
Net Current Assets
£2.3M
Working capital
Current Assets
£2.3M
Current Liabilities
£8k
Fixed Assets
£7k
Debtors
£150k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 281.18 | -£12k |
| 2024 | 17.82 | +£74k |
| 2023 | 0.49 | — |
Derived from filed accounts. Not audited figures.