Mastercut Cutting Systems Limited
04420747
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 9 other boards
Persons with Significant Control
Green Mill Industries Limited
1, Orgreave Road, Sheffield, S13 9LQ
Notified 06/11/2020
Former PSCs
Mrs Susan Mary Fern
Ceased 06/11/2020
Mr Michael Fern
Ceased 10/03/2020
Charges0 outstanding
LLOYDS TSB BANK PLC
CompanyRankvs 139+ SIC 28490 peers71
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£231k
Balance sheet strength
Cash
£27k
Cash in the bank
Net Current Assets
£290k
Working capital
Current Assets
£337k
Current Liabilities
£47k
Fixed Assets
£2k
Debtors
£310k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.20 | -£9k |
| 2023 | 8.59 | -£9k |
| 2022 | 10.66 | -£9k |
| 2021 | 49.12 | -£125k |
| 2020 | 2.50 | -£26k |
| 2019 | 2.28 | +£18k |
| 2018 | 1.99 | -£12k |
| 2017 | 2.31 | — |
Derived from filed accounts. Not audited figures.