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Marine Mutual Services (W.A.) Ltd

05077713

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

DUNWOODY HOUSE, 2ND FLOOR, HARROW, HA3 9DH
Incorporated 18/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71200
Technical testing and analysis

Officers

Mr Yosef Moskovitch

director · Since 18/01/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Leemar Group Limited

75–100% shares

5 De Walden Court, 85 New Cavendish Street, London, W1W 6XD

Reg: 05079100 · Companies House · Ltd

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2014Registered 03/10/2014Satisfied 24/11/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2014Registered 03/10/2014Satisfied 13/11/2017

CompanyRankvs 667+ SIC 71200 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 19.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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667Marine Mutual Services (W.A.) Ltd
76
How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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

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

the date of the approval of the financial statements. Notwithstanding t his timing constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern , the expectation of the Director, based on the long trading history and long term past dealing, i s that either the Main contract will have be en signed or if needed, further extension

Key FinancialsYear ending 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.1M

Current Liabilities

£55k

Fixed Assets

£3k

Debtors

£993k

0avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202519.72-£9.2M
2024201.35+£509k
2023153.13—
2022146.74—
202128.06—
202026.51—

Derived from filed accounts. Not audited figures.