Mutex Ltd.
03571116
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/03/2007
AGRICULTURAL ENGIN
BRITISH · UNITED KINGDOM · Age 72
Also on 2 other boards
secretary · Since 17/11/2011
Persons with Significant Control
Mr. Barry John Higginbottom
British · United Kingdom · Age 72
Scott House, Clay Pit Lane, York, YO51 9FS
Notified 06/04/2016
Mrs Rebecca Anne Higginbottom
British · United Kingdom · Age 72
Anonna House, Clay Pit Late, York, YO51 9FS
Notified 28/09/2018
CompanyRankvs 293+ SIC 26512 peers58
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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
statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention . The principal accounting policies adopted are set out below. 1.2 Going concern The financial statements are prepared on the going concern basis. Management has assessed the company's ability to continue as a going concern using all available information and has
Key FinancialsYear ending 31/05/2025
Net Worth
£78k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
£78k
Working capital
Current Assets
£131k
Current Liabilities
£53k
Fixed Assets
£1k
Debtors
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.48 | +£0 |
| 2025 | 2.48 | +£15k |
| 2024 | 2.12 | +£20k |
| 2023 | 1.88 | +£15k |
| 2022 | 1.66 | -£9k |
| 2021 | 1.86 | — |
Derived from filed accounts. Not audited figures.