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Magitron Limited

04479859

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

LAXMI HOUSE, KENTON, HA3 0BU
Incorporated 08/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Virendrakumar Punja Shah

director · Since 20/09/2002

NONE

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Mr Dilharlal Devraj Shah

secretary · Since 20/09/2002

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 2 other boards

Mr Amit Dilharlal Devraj Shah

director · Since 20/09/2002

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Amit Dilharlal Devraj Shah

25–50% shares

British · England · Age 48

Laxmi House, Kenton, HA3 0BU

Notified 06/04/2016

Mr Virendrakumar Punja Shah

25–50% shares

British · United Kingdom · Age 72

Laxmi House, Kenton, HA3 0BU

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS TSB BANK PLC

Created 09/03/2016Registered 11/03/2016
Charge
outstanding

LLOYDS TSB BANK PLC

Created 05/09/2013Registered 10/09/2013
Charge
outstanding

LLOYDS TSB BANK PLC

Created 23/05/2013Registered 04/06/2013
charge
satisfied

SANTANDER UK PLC

Created 01/04/2011Registered 02/04/2011Satisfied 20/09/2013
charge
satisfied

SANTANDER UK PLC

Created 08/03/2011Registered 15/03/2011Satisfied 20/09/2013
charge
satisfied

ALLIANCE & LEICESTER COMMERCIAL BANK PLC

Created 29/12/2004Registered 11/01/2005Satisfied 29/10/2025

CompanyRankvs 4060+ SIC 68209 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 26.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4060Magitron Limited
86
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.

Employees12/15 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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

£736k

Working capital

Current Assets

£765k

Current Liabilities

£29k

Debtors

£639k

2avg. employees

Tax at Year End(2016)

Corp tax£16k

Balance Sheet

Bank loans & overdrafts£154k
Assets less current liabilities£2.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202426.81+£51k
202327.82+£37k
202230.64+£37k
20216.17+£34k
20200.54-£128k
20190.27+£23k
20181.53+£462k
20160.82—

Derived from filed accounts. Not audited figures.