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Magnetic I D Limited

06300291

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT F18 SCOPE HOUSE, CREWE, CW1 6DD
Incorporated 03/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Allan Michael Harle

director · Since 29/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 8 other boards

Mr Peter James Harris

director · Since 23/04/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Persons with Significant Control

Leodin Limted

75–100% shares

Unit 12, Mooreacre, Frome, BA11 4RL

Notified 11/07/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 31/07/2018Registered 03/08/2018Satisfied 01/02/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 15/08/2007Registered 17/08/2007Satisfied 01/02/2021

CompanyRankvs 9894+ SIC 62020 peers
76

Financial strength83th percentile among SIC peers · 21/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 17.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£240k

Working capital

Current Assets

£255k

Current Liabilities

£14k

1avg. employees-1

Balance Sheet

Assets less current liabilities£240k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202517.89-£831k
202419.44+£1.6M
20230.41-£1.2M
20220.71

Derived from filed accounts. Not audited figures.