Shear Magic Ltd
06192301
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2022
unaudited abridged
Next accounts due
31/12/2023
Confirmation statement
Last: 12/03/2022
Due 26/03/2023
Industry
Officers
Persons with Significant Control
Mr Paul John Andrews
British · United Kingdom
Notified 06/04/2016
Change History
Active - Proposal to Strike off
Private Limited Company
18 LAWSON CLOSE, WOOLSTON
CHESHIRE
CompanyRankvs 36398+ SIC 43210 peers32
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2022
Net Worth
-£8k
Balance sheet strength
Cash
£27
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£12k
Current Liabilities
£8k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.48 | -£324 |
| 2021 | 1.45 | — |
Derived from filed accounts. Not audited figures.