Magna Colours Limited
01378495
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Alison Kay Woodward
secretary · Since 20/08/2012
Peter Andrew Box
director · Since 09/11/2022
British
Robert Kenneth James
director · Since 01/07/2021
American
Amanda Jayne Saal
director · Since 01/07/2021
British
Former
Judith Margaret Abbey
secretary · Resigned 20/08/2012
Richard Anthony Haselgrove
secretary · Resigned 17/01/1994
Colin Leslie Oldmeadow
secretary · Resigned 01/08/2005
Jane Lesley Schofield
secretary · Resigned 31/05/2004
James Sidney Abbey
director · Resigned 20/08/2012
Judith Margaret Abbey
director · Resigned 20/08/2012
Thomas James Abbey
director · Resigned 01/07/2021
Steven Derek Bell
director · Resigned 30/06/2004
Robert Charles Cole
director · Resigned 18/05/2018
Zach David Crawford
director · Resigned 31/07/2024
Jeanette Wallace Hardy
director · Resigned 26/08/2016
Richard Anthony Haselgrove
director · Resigned 17/01/1994
Richard Anthony Haselgrove
director · Resigned 30/06/1995
Keith Higginson
director · Resigned 31/07/1995
Desmond Graham Jowett
director · Resigned 31/01/1994
Hermann Fredrick Kaelin
director · Resigned 01/04/2012
James Keaton
director · Resigned 31/07/2003
Helen Mary Parry
director · Resigned 01/09/2022
Jack Riley
director · Resigned 30/04/1992
Jane Lesley Schofield
director · Resigned 31/05/2004
Stephen Walker
director · Resigned 31/01/1993
CompanyRankvs 105+ SIC 20120 peers78
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£12.5M
Annual revenue
Net Worth
£4.3M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£3.8M
Working capital
Current Assets
£6.4M
Current Liabilities
£2.7M
Fixed Assets
£745k
Debtors
£2.3M
Cost of Sales
£6.9M
Gross Profit
£5.6M
Admin Expenses
£3.1M
Operating Profit
£1.5M
Profit After Tax
£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.41 | -£6.3M |
| 2023 | 4.23 | — |
Derived from filed accounts. Not audited figures.