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Magfern Estates Limited

01474833

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

47A QUEEN STREET, DERBY, DE1 3DE
Incorporated 23/01/1980

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Darren John Faulkner

director · Since 01/12/1994

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Amanda Jane Heathcote

secretary · Since 31/03/2001

BRITISH · Age 59

Also on 1 other board

Amanda Jane Heathcote

director · Since 31/10/2024

NONE

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Persons with Significant Control

Mr Darren John Faulkner

25–50% shares
25–50% votes

British · United Kingdom · Age 58

47a, Queen Street, Derby, DE1 3DE

Notified 06/04/2016

Amanda Jane Heathcote

25–50% shares
25–50% votes

British · United Kingdom · Age 59

47a, Queen Street, Derby, DE1 3DE

Notified 01/10/2019

Charges3 outstanding

Charge
outstanding

MICHAEL WILLIAM FAULKNER AND PENELOPE ANN FAULKNER

Created 11/11/2020Registered 11/11/2020
Charge
outstanding

MICHAEL WILLIAM FAULKNER AND PENELOPE ANN FAULKNER

Created 13/09/2016Registered 16/09/2016
Charge
outstanding

MICHAEL WILLIAM FAULKNER AND PENELOPE ANN FAULKNER

Created 13/09/2016Registered 16/09/2016
charge
satisfied

HSBC BANK PLC

Created 25/09/2006Registered 27/09/2006Satisfied 16/09/2016
charge
satisfied

HSBC BANK PLC

Created 21/01/2004Registered 31/01/2004Satisfied 16/09/2016
charge
satisfied

HSBC BANK PLC

Created 09/01/2004Registered 22/01/2004Satisfied 16/09/2016
charge
satisfied

HSBC BANK PLC

Created 01/10/2001Registered 03/10/2001Satisfied 16/09/2016
charge
satisfied

MIDLAND BANK PLC

Created 19/01/1996Registered 30/01/1996Satisfied 16/09/2016
charge
satisfied

MIDLAND BANK PLC

Created 20/04/1983Registered 03/05/1983Satisfied 16/09/2016
charge
satisfied

MIDLAND BANK PLC

Created 26/05/1981Registered 02/06/1981Satisfied 16/09/2016

CompanyRankvs 9399+ SIC 41100 peers
62

Financial strength93th percentile among SIC peers · 23/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.09× · 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 strength23/25 pts

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

Employees7/15 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

£881k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£200k

Current Liabilities

£184k

Fixed Assets

£1.2M

Debtors

£83k

1avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09+£83k
20241.43+£7k
20231.47+£206k
20221.09+£168k
20212.33+£45k
20200.44-£111k
20190.77

Derived from filed accounts. Not audited figures.