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Magtec Electric Gates Limited

04959361

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O JAMES COWPER KRESTON 3RD FLOOR APEX, READING, RG1 1AX
Incorporated 11/11/2003

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

27900
Manufacture of other electrical equipment
43290
Other construction installation

Officers

Mr Claudio Patrone

director · Since 03/04/2006

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 53

Also on 1 other board

Jason Matthew Petsch

director · Since 30/01/2026

GREEK · ENGLAND · Age 53

Mr Richard Paul Smeaton

director · Since 30/01/2026

BRITISH · ENGLAND · Age 52

Also on 19 other boards

Persons with Significant Control

Patrone Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 4 Bank Court, Weldon Road, Loughborough, LE11 5RF

Reg: 13465580 · England & Wales · Private Limited Company

Notified 05/07/2021

Former PSCs

Mr Domenico Passaro

Ceased 19/07/2021

Mr Claudio Patrone

Ceased 05/07/2021

Mr Mark Stephen Robinson

Ceased 19/07/2021

Mrs Diane Ellen Passaro

Ceased 27/05/2021

Mrs Maria Isabel Patrone

Ceased 05/07/2021

Mrs Margaret Karen Robinson

Ceased 27/05/2021

CompanyRankvs 394+ SIC 27900 peers
81

Financial strength82th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.82× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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.

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

£637k

Balance sheet strength

Cash

£468k

Cash in the bank

Net Current Assets

£514k

Working capital

Current Assets

£1.1M

Current Liabilities

£625k

Fixed Assets

£233k

Debtors

£612k

22avg. employees+2

Balance Sheet

Assets less current liabilities£746k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.82+£86k
20242.02-£826
20231.92

Derived from filed accounts. Not audited figures.