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Magstripe Limited

02568237

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

14 NEVIS CLOSE, BEDS, LU7 2XD
Incorporated 13/12/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Mrs Judith Anne Seaford

secretary · Since 13/12/1991

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Mrs Judith Anne Seaford

director · Since 13/12/1991

TEACHER

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Mr Philip Grant Seaford

director · Since 13/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 75

Persons with Significant Control

Mr Philip Grant Seaford

50–75% shares

British · England · Age 75

14 Nevis Close, Beds, LU7 2XD

Notified 01/12/2016

Mrs Judith Anne Seaford

25–50% shares

British · England · Age 75

14 Nevis Close, Beds, LU7 2XD

Notified 01/12/2016

CompanyRankvs 214+ SIC 26200 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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214Magstripe Limited
66
How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£300k

Balance sheet strength

Cash

£367k

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£391k

Current Liabilities

£254k

Fixed Assets

£164k

Debtors

£11k

0avg. employees

Tax at Year End(2018)

Corp tax£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54-£5k
20231.56-£2k
20221.60+£42k
20211.38+£25k
20201.37+£19k
20191.30+£28k
20181.17-£12k
20171.26—

Derived from filed accounts. Not audited figures.