Muscovite Bidco Limited
12313772
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/12/2023
full
Next accounts due
31/03/2026
Confirmation statement
Last: 12/11/2025
Due 26/11/2026
Industry
Officers
director · Since 07/11/2023
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 13 other boards
director · Since 07/11/2023
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 17 other boards
director · Since 10/06/2025
EXECUTIVE VICE PRESIDENT
GERMAN · GERMANY · Age 56
Persons with Significant Control
Ntt Data Business Solutions Limited
12, Gough Square, London, EC4A 3DW
Reg: 03689001 · Companies House · Private Limited Company
Notified 26/03/2024
Former PSCs
Muscovite Midco Limited
Ceased 26/03/2024
Charges0 outstanding
GLAS TRUST CORPORATION LIMITED (THE “SECURITY AGENT�)
GLAS TRUST CORPORATION LIMITED
Insolvency History1 case
Steven Sherry (practitioner) · Laura May Waters (practitioner)
CompanyRankvs 121099+ SIC 82990 peers18
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/12/2022
Net Worth
-£18.1M
Balance sheet strength
Cash
£51k
Cash in the bank
Profit Before Tax
-£8.9M
Bottom line earnings
Net Current Assets
-£60.5M
Working capital
Current Assets
£191k
Current Liabilities
£60.7M
Fixed Assets
£76.6M
Debtors
£140k
Admin Expenses
£1.5M
Operating Profit
-£1.5M
Profit After Tax
-£8.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.00 | -£8.9M |
| 2021 | 0.00 | — |
Derived from filed accounts. Not audited figures.