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Mti Aerospace Limited

05103485

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
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 16/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr William Terence Costello

director · Since 16/04/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 73

Mr Peter Edward Broido

director · Since 01/03/2021

COMPANY DIRECTOR

GERMAN · ENGLAND · Age 57

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

Mr Joseph Clemens Ensink

Significant control

Dutch · Guernsey · Age 62

Bordage House, Le Bordage, St. Peter Port, GY1 1ZU

Notified 11/05/2026

Former PSCs

Mr William Terence Costello

Ceased 01/03/2021

Conduit Aerospace Limited

Ceased 11/05/2025

Charges1 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 01/11/2011Registered 03/11/2011Satisfied 25/02/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 22/06/2004Registered 24/06/2004Satisfied 25/02/2019
charge
outstanding

LLOYDS TSB BANK PLC

Created 22/06/2004Registered 23/06/2004

CompanyRankvs 1479+ SIC 77390 peers
55

Financial strength94th percentile among SIC peers · 24/25
Employees74th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
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 strength24/25 pts

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

Employees11/15 pts

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

Liquidity0/20 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

£2.0M

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

-£507k

Working capital

Current Assets

Current Liabilities

£612k

Fixed Assets

£2.6M

Profit After Tax

£120k

3avg. employees+1

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£120k
2023+£160k
2022+£185k
20210.63-£970
20200.48-£130k
20190.50-£103k
20180.58

Derived from filed accounts. Not audited figures.