Magawell Limited
06274585
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
30/06/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 11/06/2026
Due 25/06/2027
Industry
Officers
director · Since 14/08/2012
PHARMACIST
BRITISH · WALES · Age 49
Also on 9 other boards
Persons with Significant Control
Brentmark Limited
2a Victoria Buildings, High Street, Newport, NP11 5GT
Reg: 08145209 · Companies House · Limited Company
Notified 06/04/2016
Dr Mohammed Husein Nazemi
British · Wales · Age 49
Unit K6, Capital Point, Cardiff, CF3 2PU
Notified 06/04/2016
Mr Ali Shams Mohammad Pour
British · England · Age 50
Unit K6, Capital Point, Cardiff, CF3 2PU
Notified 06/04/2016
Charges6 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 614+ SIC 47730 peers60
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the director is aware of certain material uncertainties which may cause doubt on the Company's ability to continue as a going concern. Management continues to have a reasonable expectation that the Company has adequate resources to continue in operation for at least the next 12 months and that the going concern basis of accounting
Key FinancialsYear ending 30/06/2025
Net Worth
£1.3M
Balance sheet strength
Cash
£13k
Cash in the bank
Profit Before Tax
-£457k
Bottom line earnings
Net Current Assets
£272k
Working capital
Current Assets
£2.2M
Current Liabilities
£1.9M
Fixed Assets
£2.3M
Debtors
£1.2M
Admin Expenses
£3.4M
Profit After Tax
-£493k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.14 | -£889k |
| 2024 | 1.58 | -£327k |
| 2023 | 1.41 | — |
Derived from filed accounts. Not audited figures.