Magnakey Limited
02956146
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/08/1994
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 75
Also on 19 other boards
Persons with Significant Control
Mr Richard Ivan Simons
British · England · Age 75
Ground Floor, Cooper House, London, N3 2JX
Notified 06/04/2016
Former PSCs
Mrs Barbara Elaine Simons
Ceased 07/02/2024
CompanyRankvs 152326+ SIC 70229 peers34
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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
-£154k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£154k
Working capital
Current Assets
£21k
Current Liabilities
£174k
Fixed Assets
£1
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.12 | -£11k |
| 2024 | 0.10 | +£74k |
| 2023 | 0.08 | +£68k |
| 2022 | 0.00 | — |
| 2021 | 0.29 | — |
| 2020 | 0.85 | — |
| 2019 | 0.70 | — |
Derived from filed accounts. Not audited figures.