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Magna Display Systems Limited

03556631

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 EASTBORO FIELDS, NUNEATON, CV11 6GL
Incorporated 01/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Stephen John Nicholas Ashdown

director · Since 01/05/1998

DIRECTOR

BRITISH · ENGLAND · Age 68

Mrs Elizabeth Ann Ashdown

secretary · Since 01/09/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Benjamin Ashdown

director · Since 09/01/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Mr David Philip Comley

director · Since 01/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Peter James Ward

director · Since 08/01/2026

ENGLISH · ENGLAND · Age 34

Persons with Significant Control

Comash Holdings Ltd

75–100% shares
75–100% votes

Unit 4, Eastboro Fields, Nuneaton, CV11 6GL

Reg: 13608814 · Registrar Of Companies · Private Limited

Notified 28/02/2022

Former PSCs

Mr Stephen John Nicholas Ashdown

Ceased 28/02/2022

Mr Benjamin David Ashdown

Ceased 28/02/2022

Mrs Elizabeth Ann Ashdown

Ceased 28/02/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/12/2021Registered 24/12/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/05/2020Registered 19/06/2020
charge
satisfied

MIDLAND BANK PLC

Created 11/06/1998Registered 18/06/1998Satisfied 24/04/2020

CompanyRankvs 347+ SIC 32990 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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347Magna Display Systems Limited
88
How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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 31/08/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£913k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.4M

Current Liabilities

£809k

Fixed Assets

£608k

Debtors

£1.0M

41avg. employees

Tax at Year End(2024)

Corp tax£328k

Balance Sheet

Assets less current liabilities£2.2M
Signed by Mr B D Ashdown 22 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92+£0
20252.92+£204k
20242.09+£33k
20232.81-£369k
20222.39+£6k
20213.06+£638k
20202.32+£554k
20192.96+£207k
20182.54—

Derived from filed accounts. Not audited figures.