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Marine Specialised Technology Limited

04390226

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MST GROUP RIVERBANK ROAD, WIRRAL, CH62 3JQ
Incorporated 08/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30110
Building of ships and floating structures

Officers

Mr Philip Timothy Leon Hilbert

director · Since 08/03/2002

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Benjamin William Paul Kerfoot

director · Since 27/06/2002

BOAT BUILDING

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Mr Philip Andrew Hine

director · Since 31/10/2002

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 71

Also on 16 other boards

Newfield Trust Services Ltd

secretary · Since 28/06/2010

Also on 12 other boards

Persons with Significant Control

Mr Benjamin William Paul Kerfoot

25–50% shares

British · England · Age 55

Mst Group, Riverbank Road, Wirral, CH62 3JQ

Notified 06/04/2016

Mr Philip Timothy Leon Hilbert

25–50% shares

British · England · Age 51

Mst Group, Riverbank Road, Wirral, CH62 3JQ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/02/2023Registered 27/02/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/02/2023Registered 21/02/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/02/2023Registered 14/02/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 13/08/2021Registered 17/08/2021Satisfied 27/02/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 18/06/2021Registered 21/06/2021Satisfied 27/02/2023
Charge
satisfied

HANDELSBANKEN PLC

Created 15/06/2020Registered 17/06/2020Satisfied 15/04/2021
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 01/10/2018Registered 01/10/2018Satisfied 21/06/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/11/2011Registered 22/11/2011Satisfied 14/10/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/11/2010Registered 18/11/2010Satisfied 05/10/2018
charge
satisfied

BANK OF SCOTLAND PLC

Created 06/01/2009Registered 22/01/2009Satisfied 31/12/2010
charge
satisfied

BANK OF SCOTLAND PLC

Created 05/08/2008Registered 09/08/2008Satisfied 31/12/2010
charge
satisfied

BANK OF SCOTLAND PLC

Created 05/02/2008Registered 07/02/2008Satisfied 09/10/2013
charge
satisfied

BANK OF SCOTLAND PLC

Created 05/02/2008Registered 07/02/2008Satisfied 09/10/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/03/2003Registered 09/04/2003Satisfied 31/12/2010

CompanyRankvs 21+ SIC 30110 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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21Marine Specialised Technology Limited
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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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£7.6M

Balance sheet strength

Cash

£381k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£15.8M

Current Liabilities

£13.8M

Fixed Assets

£5.5M

Debtors

£7.3M

Cost of Sales

£14.5M

Admin Expenses

£3.5M

Profit After Tax

-£416k

113avg. employees+1

Tax at Year End

Corp tax£7k
Dividends paid-£86k

People Costs

Wages & salaries£4.6M

Balance Sheet

Intangible assets£755k
Bank loans & overdrafts£1.9M
Assets less current liabilities£6.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£1.4M
20231.25—
20211.26+£513k
20201.61—

Derived from filed accounts. Not audited figures.