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Magenta Technology Limited

03045995

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 1 RAVENSWOOD COURT, HEREFORD, HR2 6JX
Incorporated 13/04/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
77330
Renting and leasing of office machinery and equipment
82990
Other business support service activities
95110
Repair of computers and peripheral equipment

Officers

Mrs Clare Kathleen Willows

director · Since 29/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Raymond David Willows

director · Since 29/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Elt Tech Ltd

75–100% shares
75–100% votes

Unit 1, Ravenswood Court, Hereford, HR2 6JX

Reg: 15951383 · The Registrar Of Companies At Companies House · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Christopher Charles Passey

Ceased 29/10/2024

Mrs Linda Muriel Passey

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

BCRS CIEF II LIMITED

Created 29/10/2024Registered 13/11/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 10/10/2001Registered 23/10/2001Satisfied 20/06/2024

CompanyRankvs 6830+ SIC 62090 peers
65

Financial strength75th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.08× · 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 strength19/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

£25k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£110k

Current Liabilities

£102k

Fixed Assets

£17k

5avg. employees-1

Balance Sheet

Assets less current liabilities£25k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08-£17k
20231.43—

Derived from filed accounts. Not audited figures.