Magnoglide Systems Limited
03829386
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 20/08/2025
Due 03/09/2026
Industry
Officers
secretary · Since 01/09/2021
Persons with Significant Control
Mr Jens Henrik Osmundsen
Danish · Brussels · Age 67
First Floor, Kirkland House, Harrow, HA1 2AX
Notified 06/04/2016
CompanyRankvs 5372+ SIC 62090 peers77
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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 31/08/2024
Net Worth
£785k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£41k
Working capital
Current Assets
£179k
Current Liabilities
£138k
Fixed Assets
£744k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.30 | +£83k |
| 2023 | 0.80 | +£160k |
| 2022 | 0.14 | — |
Derived from filed accounts. Not audited figures.