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Magenta Corporation Limited

03645416

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

22 VICKERS MEWS, ST. ALBANS, AL1 1AX
Incorporated 07/10/1998

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

62012
Business and domestic software development
62090
Other information technology service activities

Officers

Howard Edward Kitchner

director · Since 17/12/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 12 other boards

Mr Quentin Colin Maxwell Solt

director · Since 11/09/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Persons with Significant Control

Magenta Recoveries Ltd

75–100% shares
75–100% votes

39, Alma Road, St. Albans, AL1 3AT

Reg: 14725718 · England & Wales · Limited Company

Notified 11/04/2023

Former PSCs

Fieldhelm Ltd

Ceased 06/03/2019

Eurovestech Plc

Ceased 04/04/2023

Charges1 outstanding

charge
satisfied

FIELDHELM LIMITED (SECURITY TRUSTEE)

Created 17/12/2001Registered 21/12/2001Satisfied 13/02/2003
charge
outstanding

EUROVESTECH PLC

Created 04/12/2001Registered 15/12/2001

CompanyRankvs 3800+ SIC 62012 peers
68

Financial strength67th percentile among SIC peers · 17/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.31× · 20/20
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 strength17/25 pts

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

Employees11/15 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 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£17k

Current Liabilities

£7k

Debtors

£11k

2avg. employees-15

Balance Sheet

Assets less current liabilities£10k
Signed by Mr H Kitchner 19/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.31-£820k
20192.24

Derived from filed accounts. Not audited figures.