Magnet Insurance Services Ltd
06664153
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 05/05/2026
Due 19/05/2027
Industry
Officers
Ataraxia 18 Limited
corporate director · Since 31/07/2026
Persons with Significant Control
Ataraxia 18 Limited
Venture House, St. Leonards Road, Maidstone, ME16 0LS
Reg: 14684317 · Companies House · Company Limited By Shares
Notified 31/07/2026
Former PSCs
Mr David Nicholas Beach
Ceased 30/09/2023
Mr Anthony Morgan Bound
Ceased 31/07/2026
CompanyRankvs 130+ SIC 65120 peers83
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£324k
Balance sheet strength
Cash
£252k
Cash in the bank
Net Current Assets
£300k
Working capital
Current Assets
£381k
Current Liabilities
£81k
Fixed Assets
£25k
Debtors
£129k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.71 | +£0 |
| 2025 | 4.71 | +£104k |
| 2024 | 3.66 | +£73k |
| 2023 | 2.29 | — |
Derived from filed accounts. Not audited figures.