Magnetic Events Ltd
06137772
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/03/2007
CONSULTANT
BRITISH · ENGLAND · Age 73
Also on 1 other board
Persons with Significant Control
Mr Robin David Morley
British · United Kingdom · Age 73
Amelia House, Crescent Road, Worthing, BN11 1RL
Notified 06/04/2016
CompanyRankvs 10747+ SIC 93290 peers40
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£31k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£32k
Working capital
Current Assets
£46k
Current Liabilities
£78k
Fixed Assets
£986
Debtors
£44k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.59 | +£0 |
| 2025 | 0.59 | -£71k |
| 2024 | 1.43 | -£70k |
| 2023 | 2.12 | +£75k |
| 2022 | 1.38 | — |
| 2021 | 0.81 | — |
| 2020 | 0.76 | — |
| 2019 | 0.79 | — |
Derived from filed accounts. Not audited figures.