Magna Electronics Limited
03800101
Healthy
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/07/1999
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
Persons with Significant Control
Mr Mark Andrew Herbert
British · United Kingdom · Age 58
9 Harrow Road, Herefordshire, HR4 0EH
Notified 01/07/2016
Charges4 outstanding
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CompanyRankvs 74+ SIC 26110 peers75
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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.
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
£1.2M
Balance sheet strength
Cash
£519k
Cash in the bank
Net Current Assets
£695k
Working capital
Current Assets
£898k
Current Liabilities
£203k
Fixed Assets
£684k
Debtors
£341k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 4.43 | +£0 | £1.6M |
| 2025 | 4.43 | -£41k | £1.6M |
| 2024 | 4.26 | +£247k | £1.1M |
| 2023 | 4.46 | +£231k | £947k |
| 2022 | 4.13 | +£174k | £732k |
| 2021 | 4.09 | — | £215k |
Derived from filed accounts. Not audited figures.