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Mag 2020 Limited

01362671

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

57 MELCHETT ROAD, BIRMINGHAM, B30 3HP
Incorporated 12/04/1978

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

64209
Activities of other holding companies

Officers

Tony Parker-Watkins

director · Since 04/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mechtech Automation

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

Unit 57, Melchett Road, Birmingham, B30 3HP

Reg: 12493937 · Registrar Of Companies - England And Wales · Private Limited Company

Notified 10/03/2020

Former PSCs

Mr Richard Frederick Evans

Ceased 10/03/2020

Charges1 outstanding

Charge
satisfied

ART SHARE (SOCIAL HELP ASSOCIATION FOR REINVESTING IN ENTERPRISE) LIMITED

Created 23/02/2024Registered 28/02/2024Satisfied 06/08/2024
Charge
satisfied

RICHARD FREDERICK EVANS

Created 10/03/2020Registered 18/03/2020Satisfied 11/11/2022
Charge
outstanding

SANTANDER UK PLC

Created 20/06/2018Registered 22/06/2018
charge
satisfied

HSBC BANK PLC

Created 19/01/2005Registered 22/01/2005Satisfied 24/04/2018
charge
satisfied

HSBC BANK PLC

Created 19/01/2005Registered 22/01/2005Satisfied 24/04/2018
charge
satisfied

MIDLAND BANK PLC

Created 02/03/1998Registered 04/03/1998Satisfied 21/04/2005
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1997Registered 13/12/1997Satisfied 21/04/2005
charge
satisfied

MIDLAND BANK PLC

Created 24/06/1985Registered 27/06/1985Satisfied 24/04/2018
charge
satisfied

MIDLAND BANK LTD

Created 06/03/1980Registered 11/03/1980Satisfied 24/04/2018

CompanyRankvs 8383+ SIC 64209 peers
54

Financial strength75th percentile among SIC peers · 19/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.08× · 12/20
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 strength19/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£190k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

£125k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.5M

Debtors

£1.6M

0avg. employees

Tax at Year End(2022)

Dividends paid£227k

Balance Sheet

Assets less current liabilities£226k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08+£0
20241.08+£0
20231.08+£0
20221.08+£0
20211.08+£0
20201.22

Derived from filed accounts. Not audited figures.