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The Magnificent Basement Company Limited

06695858

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

JUPITER HOUSE WARLEY HILL BUSINESS PARK, BRENTWOOD, CM13 3BE
Incorporated 11/09/2008

Compliance

Last accounts

30/03/2021

total exemption full

Next accounts due

30/12/2022

Overdue

Confirmation statement

Last: 17/02/2022

Due 03/03/2023

Overdue

Industry

42990
Construction of other civil engineering projects
56302
Public houses and bars

Officers

Mr Hadi Sarmadi

secretary · Since 11/09/2008

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Mr Hadi Sarmadi

director · Since 11/09/2008

STRUCTURAL ENGINEER

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Hadi Samadi

75–100% shares

British · England · Age 51

Jupiter House, Warley Hill Business Park, Brentwood, CM13 3BE

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation07/03/2022

Glyn Mummery (practitioner) · Paul Atkinson (practitioner)

CompanyRankvs 15+ SIC 42990 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.93× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/03/2021

Net Worth

-£19k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£31k

Current Liabilities

£11k

Fixed Assets

£13k

Debtors

£15k

13avg. employees

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£33k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20212.93

Derived from filed accounts. Not audited figures.