Back to search

Mbjsc Produce Limited

07047795

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

TYLERS CROSS NURSERY, NAZEING, EN9 2DH
Incorporated 17/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46310
Wholesale of fruit and vegetables

Officers

Morna Dorothy Blair Cornwell

secretary · Since 17/10/2009

Mrs Morna Dorothy Blair Cornwell

director · Since 17/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 11 other boards

Mr Stephen Ernest Cornwell

director · Since 17/10/2009

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 7 other boards

Persons with Significant Control

Mbjsc (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Tylers Cross Nursery, Broadley Common, Nazeing, EN9 2DH

Notified 30/06/2016

Charges2 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 28/11/2024Registered 29/11/2024
Charge
outstanding

INVESTEC CAPITAL SOLUTIONS NO.1 LIMITED

Created 08/10/2020Registered 22/10/2020
Charge
satisfied

BANCO BILBAO VIZCAYA ARGENTARIA SA

Created 16/06/2017Registered 22/06/2017Satisfied 28/08/2020
charge
satisfied

SME INVOICE FINANCE LIMITED

Created 01/02/2010Registered 05/02/2010Satisfied 29/10/2020

CompanyRankvs 2098+ SIC 46310 peers
22

Financial strength0th percentile among SIC peers · 0/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees6/15 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

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

figure of £110,680, included in the financial statements. Consequently, we were unable to determine whether any adjustment to the amount was necessary. Material uncertainty relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriat

Key FinancialsYear ending 31/10/2024

Net Worth

-£952k

Balance sheet strength

Cash

£24k

Cash in the bank

Profit Before Tax

£150k

Bottom line earnings

Net Current Assets

-£952k

Working capital

Current Assets

£3.6M

Current Liabilities

£4.6M

Debtors

£2.3M

Cost of Sales

£19.8M

Admin Expenses

£1.2M

Profit After Tax

£150k

1avg. employees-67

Tax at Year End(2020)

Corp tax£55k
Dividends paid£150k

People Costs

Wages & salaries£1.5M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£150k
20230.82+£404k
20220.83-£757k
20210.91
20201.02
20190.98
20181.03

Derived from filed accounts. Not audited figures.