Magnecor Europe Limited
04218264
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/04/2026
Due 14/05/2027
Industry
Officers
Persons with Significant Control
Mr. Philip Anthony De Wit
Australian · England · Age 72
12, Snarestone Road, Appleby Magna, DE12 7AJ
Notified 06/04/2016
CompanyRankvs 110+ SIC 29320 peers84
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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 31/03/2025
Net Worth
£354k
Balance sheet strength
Cash
£313k
Cash in the bank
Net Current Assets
£353k
Working capital
Current Assets
£442k
Current Liabilities
£89k
Fixed Assets
£2k
Debtors
£51k
Profit After Tax
-£13k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.97 | -£46k |
| 2024 | 5.06 | +£23k |
| 2023 | 5.03 | +£32k |
| 2022 | 4.81 | +£23k |
| 2021 | 4.20 | +£37k |
| 2020 | 3.86 | +£11k |
| 2019 | 3.62 | +£8k |
| 2017 | 3.95 | — |
Derived from filed accounts. Not audited figures.