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Magnetise Solutions Limited

06411581

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1 LYRIC SQUARE, LONDON, W6 0NB
Incorporated 29/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Karin Gowrie-Smith

secretary · Since 29/10/2007

BRITISH

Also on 1 other board

Peter Gowrie-Smith

director · Since 29/10/2007

COMPANY DIRECTOR

AUSTRALIAN · UNITED KINGDOM · Age 48

Persons with Significant Control

Former PSCs

Magnetise Group Ltd

Ceased 06/04/2016

CompanyRankvs 3205+ SIC 58290 peers
47

Financial strength2th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.13× · 2/20
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 strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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

-£391k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£392k

Working capital

Current Assets

£57k

Current Liabilities

£449k

Fixed Assets

£1k

Debtors

£57k

5avg. employees+1

Tax at Year End

VAT£5k

Balance Sheet

Assets less current liabilities-£391k
Signed by P Gowrie-Smith 10 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.13-£129k£105k
20240.18

Derived from filed accounts. Not audited figures.