Magnit Global Uk Wfq Limited
05846406
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- 7 outstanding charges (-10)
Details
Compliance
Last accounts
29/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/06/2025
Due 19/06/2026
Industry
Officers
director · Since 12/05/2023
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 19 other boards
director · Since 31/03/2026
DUTCH · NETHERLANDS · Age 64
Also on 18 other boards
Charges7 outstanding
CITIZENS BANK, N.A.
CITIZENS BANK, N.A., AS AGENT AND TRUSTEE, ACTING IN ITS OWN NAME BUT FOR THE BENEFIT OF THE SE
CITIZENS BANK, N.A., AS AGENT AND TRUSTEE, ACTING IN ITS OWN NAME BUT FOR THE BENEFIT OF THE SE
US BANK NATIONAL ASSOCIATION AS AGENT
US BANK NATIONAL ASSOCIATION AS AGENT
CITIZENS BANK, N.A., AS AGENT AND TRUSTEE, ACTING IN ITS OWN NAME BUT FOR THE BENEFIT OF THE SE
CITIZENS BANK, N.A., AS AGENT AND TRUSTEE, ACTING IN ITS OWN NAME BUT FOR THE BENEFIT OF THE SE
PNC BANK, NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
PNC BANK, NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
PNC BANK, NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
PNC BANK, NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
PNC BANK,NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANFEREES)
PNC BANK,NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANFEREES)
PNC BANK, NATIONAL ASSOCIATION (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
PNC BANK,NATIONAL ASSOCIATION (AS AGENT)
PNC BANK,NATIONAL ASSOCIATION (AS AGENT)
PNC BANK,NATIONAL ASSOCIATION (AS AGENT)
PNC BANK,NATIONAL ASSOCIATION (AS AGENT)
PNC BANK, NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
CompanyRankvs 8515+ SIC 78200 peers39
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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 31/12/2021
Turnover
£1.2M
Annual revenue
Net Worth
-£7.6M
Balance sheet strength
Cash
£175k
Cash in the bank
Profit Before Tax
-£5.9M
Bottom line earnings
Net Current Assets
-£7.6M
Working capital
Current Assets
£50.9M
Current Liabilities
£58.5M
Fixed Assets
£3k
Debtors
£50.7M
Gross Profit
£1.2M
Admin Expenses
£7.2M
Operating Profit
-£5.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.87 | -£6.1M |
| 2020 | 0.92 | -£1.3M |
| 2019 | 0.99 | — |
Derived from filed accounts. Not audited figures.