Magna Distribution Limited
06242248
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mark Hall
British · England · Age 65
8, Windmill Close, Ashby-De-La-Zouch, LE65 1EQ
Notified 06/04/2016
Mrs Denise Allen
British · England · Age 56
8, Windmill Close, Ashby-De-La-Zouch, LE65 1EQ
Notified 06/04/2016
Charges3 outstanding
APOLLO BUSINESS FINANCE LTD
NUCLEUS CASH FLOW FINANCE2 LIMITED
THE LEICESTERSHIRE COUNTY COUNCIL
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 21953+ SIC 49410 peers42
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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 31/05/2024
Net Worth
-£7k
Balance sheet strength
Cash
£0
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£423k
Current Liabilities
£431k
Fixed Assets
£197k
Debtors
£417k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | +£58k |
| 2023 | 0.80 | — |
Derived from filed accounts. Not audited figures.