Magi-Cut Software Limited
01698588
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/05/2025
Due 13/06/2026
Industry
Officers
Persons with Significant Control
Mr James Richard Wiltshire
British · England · Age 74
Greendown Farmhouse, Chewton Mendip, Bath, BA3 4NZ
Notified 06/04/2016
Charges0 outstanding
MIDLAND BANK PLC
CompanyRankvs 14069+ SIC 62020 peers73
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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.
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
£80
Balance sheet strength
Cash
£4.8M
Cash in the bank
Net Current Assets
£4.9M
Working capital
Current Assets
£5.0M
Current Liabilities
£162k
Fixed Assets
£17k
Debtors
£195k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 31.12 |
| 2024 | 19.19 |
| 2023 | 22.68 |
| 2022 | 16.16 |
| 2021 | 17.41 |
| 2020 | 14.84 |
| 2019 | 11.86 |
Derived from filed accounts. Not audited figures.