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Magmatic Limited

04669286

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

MEDWAY BRIDGE HOUSE, 1-8, MAIDSTONE, ME14 1JP
Incorporated 18/02/2003

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 28/02/2025

Due 14/03/2026

Overdue

Industry

22290
Manufacture of other plastic products
32409
32409
46499
46499
90030
Artistic creation

Officers

Mr David Christian Clark Chubb

director · Since 31/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Richard Philip Dewhurst

director · Since 31/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 37 other boards

Persons with Significant Control

Mr Robert Law

50–75% shares

British · England · Age 48

Medway Bridge House, 1-8, Fairmeadow, Maidstone, ME14 1JP

Notified 06/04/2016

Bgf Nominees Limited (A/C Bgf Investments Lp)

25–50% shares

13-15, York Buildings, London, WC2N 6JU

Reg: 10007355 · England & Wales · Public Limited Company

Notified 11/01/2018

Former PSCs

Bgf Gp Limited

Ceased 11/01/2018

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 27/01/2023Registered 31/01/2023Satisfied 04/07/2025
Charge
satisfied

BUSINESS GROWTH FUND PLC FOR ITSELF AND IN ITS CAPACITY AS GENERAL PARTNER TO BGF INVESTMENTS L

Created 17/02/2017Registered 21/02/2017Satisfied 01/02/2023
Charge
satisfied

BUSINESS GROWTH FUND PLC FOR ITSELF AND IN ITS CAPACITY AS GENERAL PARTNER TO BGF INVESTMENTS L

Created 21/10/2015Registered 26/10/2015Satisfied 01/02/2023
Charge
satisfied

HSBC BANK PLC

Created 29/05/2013Registered 30/05/2013Satisfied 01/02/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 18/04/2013Registered 02/05/2013Satisfied 01/02/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 18/04/2013Registered 24/04/2013Satisfied 01/02/2023
charge
satisfied

HSBC BANK PLC

Created 12/03/2013Registered 15/03/2013Satisfied 01/02/2023

Insolvency History1 case

members voluntary liquidation18/07/2025

Mark Holborow (practitioner) · Steven Edwards (practitioner)

CompanyRankvs 15+ SIC 22290 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

-£2.0M

Balance sheet strength

Cash

£191k

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£191k

Current Liabilities

£2.2M

Debtors

£0

0avg. employees-9
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£52k
20231.58—

Derived from filed accounts. Not audited figures.