Magnet Creative Design Limited
03461753
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 06/11/2025
Due 20/11/2026
Industry
Officers
director · Since 25/11/1997
COMPANY DIRECTOR
BRITISH · WALES · Age 65
Also on 1 other board
Persons with Significant Control
Mr Neville Thomas Rhind
British · Wales · Age 65
Summit House, Unit 10, Waterside Court, Newport, NP20 5NT
Notified 06/04/2016
Mrs Bethan Nia Rhind
British · Wales · Age 64
Summit House, Unit 10, Waterside Court, Newport, NP20 5NT
Notified 06/04/2016
CompanyRankvs 81720+ SIC 96090 peers35
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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 28/02/2025
Net Worth
-£50k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£50k
Working capital
Current Assets
£4k
Current Liabilities
£54k
Fixed Assets
£76
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£4k |
| 2024 | 0.03 | +£884 |
| 2023 | 0.04 | +£35 |
| 2022 | 0.04 | -£9k |
| 2021 | 0.05 | -£3k |
| 2020 | 0.05 | -£10k |
| 2019 | 0.05 | — |
Derived from filed accounts. Not audited figures.