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Marine Jet Power Limited

03239600

active
ltd
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Midway House, Staverton Technology Park Herrick Way, Staverton, Cheltenham, GL51 6TQ
Incorporated 19/08/1996

Previously known as

Ultra Dynamics Limited · until 01/02/2013
Foray 960 Limited · until 24/10/1996

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Jonas Tegstrom

director · Since 05/10/2020

DIRECTOR

SWEDISH · SWEDEN · Age 61

Also on 1 other board

Mr Lars Stefan Sjã–Lin

secretary · Since 28/06/2025

Jonas Tegstrom

director · Since 05/10/2020

Swedish · Sweden · Age 61

Lars Stefan SjöLin

secretary · Since 28/06/2025

Former

Matthew William Edward Hyland

nominee secretary · Resigned 28/10/1996

Matthew William Edward Hyland

nominee director · Resigned 28/10/1996

Jacqueline Fisher

nominee director · Resigned 28/10/1996

Richard John Godfrey

director · Resigned 13/08/1997

Derek Burton

director · Resigned 22/10/2012

Maria Burton

director · Resigned 22/10/2012

Stig Ake Kallstrom Finn

director · Resigned 28/02/2013

Richard John Godfrey

secretary · Resigned 30/05/2013

Michael John Lane

director · Resigned 20/03/2014

Anna Ekwall

director · Resigned 14/08/2015

Andrew Wilfred Bathe

director · Resigned 01/02/2016

Per Anders Christer Bjore

director · Resigned 22/06/2016

Robert Harvey Ashmeade

secretary · Resigned 30/06/2016

Robert Harvey Ashmeade

director · Resigned 30/06/2016

Stefan Hans Daniel Tingstrom

director · Resigned 15/12/2016

Berit Anne Maria Sundell

secretary · Resigned 15/12/2016

Hans Villy Andersson

director · Resigned 31/12/2017

Magnus Sorenson

director · Resigned 11/11/2019

Erling Tomasson

secretary · Resigned 06/04/2020

Claes Birger Lennart Rudling

director · Resigned 05/10/2020

Mikael Vesterlund

secretary · Resigned 31/03/2021

Anders Mattias Gillberg

secretary · Resigned 27/06/2025

Persons with Significant Control

Ultra Dynamic Holdings Limited

75–100% shares
75–100% votes

Midway House, Herrick Way, Cheltenham, GL51 6TQ

Reg: 03252068 · England · Limited Company

Notified 04/12/2017

Former PSCs

Ultra Dynamics Holdings Limited

Ceased 19/08/2017

Mr Magnus Sörenson

Ceased 11/11/2019

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 03/09/2007Registered 04/09/2007

Change History

statusactive
2026-08-14

Active

typeltd
2026-08-14

Private Limited Company

address line1Midway House, Staverton Technology Park Herrick Way
2026-08-14

MIDWAY HOUSE, STAVERTON TECHNOLOGY PARK HERRICK WAY

post townCheltenham
2026-08-14

CHELTENHAM

officer appointedSJÖLIN, Lars Stefan
2026-08-14
officer appointedTEGSTROM, Jonas
2026-08-14

CompanyRankvs 1868+ SIC 28990 peers
32

Financial strength4th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£175k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£178k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.6M

Fixed Assets

£4k

Debtors

£1.4M

1avg. employees

Balance Sheet

Assets less current liabilities-£174k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89+£31k
202354.65

Derived from filed accounts. Not audited figures.