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M.T.I. (1998) Ltd

03598083

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 8 PARAMOUNT INDUSTRIAL ESTATE, WATFORD, WD24 7XA
Incorporated 15/07/1998

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Peter Edward Broido

director · Since 01/03/2021

COMPANY DIRECTOR

GERMAN · ENGLAND · Age 56

Also on 2 other boards

Mr Craig Jonathan Cowan

director · Since 01/03/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Steven Jonathan Kaye

director · Since 02/02/2026

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Persons with Significant Control

Mti Aerospace Limited

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

Unit 8, Paramount Industrial Estate, Hertfordshire, WD24 7XA

Reg: 05103485 · Companies House · Limited Company

Notified 01/03/2021

Former PSCs

Mr William Costello

Ceased 01/03/2021

Charges1 outstanding

charge
satisfied

BANK OF WALES PLC AND THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 11/07/2001Registered 14/07/2001Satisfied 31/07/2004
charge
satisfied

BANK OF WALES PLC

Created 24/02/1999Registered 26/02/1999Satisfied 31/07/2004
charge
satisfied

BANK OF WALES PLC

Created 24/11/1998Registered 04/12/1998Satisfied 31/07/2004
charge
satisfied

NMB-HELLER LIMITED

Created 13/11/1998Registered 02/12/1998Satisfied 16/05/2001
charge
satisfied

ING LEASE (UK) LIMITED

Created 25/11/1998Registered 28/11/1998Satisfied 12/08/2004
charge
outstanding

LLOYDS BANK PLC

Created 17/11/1998Registered 26/11/1998

CompanyRankvs 1100+ SIC 25990 peers
68

Financial strength57th percentile among SIC peers · 14/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.33× · 20/20
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 strength14/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 30/06/2024

Net Worth

£65k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.4M

Current Liabilities

£1.0M

Debtors

£1.3M

38avg. employees+2

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Intangible assets£1
Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.33+£0
20234.30+£0
20225.11-£2.5M
20217.03-£88k£727k
20204.64+£770k£1.0M
20192.90+£325k
20182.54£1.1M

Derived from filed accounts. Not audited figures.