Durham Magneto Optics Ltd
04492798
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 02/07/2025
Due 16/07/2026
Industry
Officers
director · Since 23/07/2002
ACADEMIC
BRITISH · ENGLAND · Age 54
Also on 2 other boards
director · Since 30/08/2018
ACCOUNTANT
BRITISH · ENGLAND · Age 63
Also on 1 other board
Persons with Significant Control
Professor Russell Paul Cowburn
British · England · Age 54
Building 7 Old Farm Business Centre, Church Road, Cambridge, CB23 2RF
Notified 01/07/2016
Charges2 outstanding
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CompanyRankvs 207+ SIC 32990 peers79
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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 30/06/2025
Net Worth
£5.8M
Balance sheet strength
Cash
£3.9M
Cash in the bank
Net Current Assets
£5.5M
Working capital
Current Assets
£6.1M
Current Liabilities
£566k
Fixed Assets
£302k
Debtors
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.74 | +£183k |
| 2024 | 12.08 | +£1.3M |
| 2023 | 122.94 | — |
Derived from filed accounts. Not audited figures.