Magnetic North Travel Ltd
07183418
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 22/02/2026
Due 08/03/2027
Industry
Officers
Persons with Significant Control
Mrs Laura Jane Greenman
British · England · Age 44
50, Liverpool Street, London, EC2M 7PY
Notified 09/03/2017
Former PSCs
Mrs Catherine Anne Burnside
Ceased 31/03/2017
CompanyRankvs 2256+ SIC 79120 peers52
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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 31/03/2025
Net Worth
-£29k
Balance sheet strength
Cash
£299k
Cash in the bank
Net Current Assets
-£61k
Working capital
Current Assets
£525k
Current Liabilities
£585k
Fixed Assets
£32k
Debtors
£226k
Tax at Year End
Director Loans(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.90 | -£112k | — |
| 2024 | 1.49 | +£20k | — |
| 2023 | 1.30 | — | — |
| 2022 | 0.99 | — | £307k |
| 2021 | 0.75 | -£77k | £307k |
| 2020 | 1.06 | — | £351k |
Derived from filed accounts. Not audited figures.