Magnolia Square Limited
05126835
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 09/03/2026
Due 23/03/2027
Industry
Officers
Persons with Significant Control
Mr Timothy Andrew Minns
British · United Kingdom · Age 55
Norwich Accountancy, 19 Upper King Street, Norwich, NR3 1RB
Notified 06/04/2016
Former PSCs
Ms Tracy Marie Welburn
Ceased 25/03/2025
CompanyRankvs 2642+ SIC 74100 peers70
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp
Key FinancialsYear ending 31/03/2025
Net Worth
£30k
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
£29k
Working capital
Current Assets
£85k
Current Liabilities
£56k
Fixed Assets
£3k
Debtors
£24k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.52 | — |
| 2024 | 1.15 | — |
| 2023 | 1.61 | -£19k |
| 2022 | 2.00 | +£9k |
| 2021 | 2.26 | — |
Derived from filed accounts. Not audited figures.