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Mussett Aerospace Ltd

05761558

liquidation
Private Limited Company
england wales
Companies House
3 outstanding charges
Insolvency history
Health Score
N/A

Details

126 NEW WALK, LEICESTER, LE1 7JA
Incorporated 29/03/2006

Compliance

Last accounts

31/07/2022

total exemption full

Next accounts due

30/04/2024

Overdue

Confirmation statement

Last: 01/04/2023

Due 15/04/2024

Overdue

Industry

25620
Machining
70100
Activities of head offices

Officers

Mr Baljeet Singh

director · Since 23/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 12 other boards

Persons with Significant Control

Mr Gordon Mussett

25–50% shares

British · United Kingdom · Age 76

126, New Walk, Leicester, LE1 7JA

Notified 31/12/2016

Mr Baljeet Singh

25–50% shares
25–50% votes

British · England · Age 41

126, New Walk, Leicester, LE1 7JA

Notified 30/03/2020

Former PSCs

6t9 Limited

Ceased 07/07/2017

Mr Mark Chapman

Ceased 26/06/2019

Charges3 outstanding

A registered charge
outstanding

Rose Cf Limited

Mussett engineering LTD, little money road, loddon, norwich, NR14 6JD and land on the east side of atrium house, beccles road, loddon norwich.

Created 21/07/2022Registered 22/07/2022
A registered charge
outstanding

Rose C F Limited

Debenture containing a floating charge. Please refer to the instrument.

Created 14/02/2020Registered 17/02/2020
A registered charge
outstanding

Rose C F Limited

Mussett engineering LTD, little money road, loddon, norwich, NR14 6JD and land on the east side of atrium house, beccels road, loddon, norwich.

Created 14/02/2020Registered 17/02/2020
A registered charge
fully satisfied

Bibby Financial Services Limited

Created 15/07/2019Registered 16/07/2019Satisfied 06/01/2020

Insolvency History1 case

creditors voluntary liquidation22/04/2024

Neil Charles Money (practitioner)

CompanyRankvs 15+ SIC 25620 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2022

Net Worth

£67k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.3M

Fixed Assets

£969k

Debtors

£863k

25avg. employees-2

Balance Sheet

Intangible assets£5k
Assets less current liabilities£891k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.94-£184k
20210.86

Derived from filed accounts. Not audited figures.