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Majestic Ventures Ltd

05006238

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

70 LUTON HIGH STREET, CHATHAM, ME5 7LJ
Incorporated 06/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33170
Repair and maintenance of other transport equipment
41100
Development of building projects
62090
Other information technology service activities
96090
Other personal service activities

Officers

Joseph Okolo

secretary · Since 06/01/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Joseph Okolo

director · Since 06/01/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Ms Esther Kukwi Mustapha

secretary · Since 07/11/2025

Former

Mrs Venice Eugenia Okolo

director · Resigned 31/07/2026

Persons with Significant Control

Joseph Okolo

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 60

70, Luton High Street, Chatham, ME5 7LJ

Notified 09/02/2017

CompanyRankvs 1501+ SIC 33170 peers
55

Financial strength19th percentile among SIC peers · 5/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength5/25 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.

Liquidity6/20 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 31/08/2024

Turnover

£373k

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£496

Cash in the bank

Profit Before Tax

£1

Bottom line earnings

Net Current Assets

-£4

Working capital

Current Assets

£496

Current Liabilities

£500

Fixed Assets

£36k

Cost of Sales

£346k

Gross Profit

£27k

Admin Expenses

£8k

Operating Profit

£490

Profit After Tax

£1

12avg. employees+7

Balance Sheet

Assets less current liabilities£36k
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.99
20230.99

Derived from filed accounts. Not audited figures.