Magnetic I D Limited
06300291
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/07/2007
DIRECTOR
BRITISH · ENGLAND · Age 77
Also on 8 other boards
director · Since 23/04/2020
ACCOUNTANT
BRITISH · ENGLAND · Age 70
Also on 4 other boards
Persons with Significant Control
Leodin Limted
Unit 12, Mooreacre, Frome, BA11 4RL
Notified 11/07/2016
Charges0 outstanding
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 9894+ SIC 62020 peers76
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
£67k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£240k
Working capital
Current Assets
£255k
Current Liabilities
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 17.89 | -£831k |
| 2024 | 19.44 | +£1.6M |
| 2023 | 0.41 | -£1.2M |
| 2022 | 0.71 | — |
Derived from filed accounts. Not audited figures.