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Magmatronics Ltd

07394201

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

22A THE GREEN, CHESTERFIELD, S41 0LJ
Incorporated 01/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
27120
Manufacture of electricity distribution and control apparatus
45200
Maintenance and repair of motor vehicles
45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Robin Andrew Gronbach

director · Since 01/10/2010

ENGINEER

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Robin Andrew Gronbach

75–100% shares

British · England · Age 54

22a, The Green, Chesterfield, S41 0LJ

Notified 01/10/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/07/2017Registered 05/07/2017

CompanyRankvs 1899+ SIC 25110 peers
45

Financial strength13th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£125k

Working capital

Current Assets

£142k

Current Liabilities

£17k

Fixed Assets

£22k

Debtors

£14k

0avg. employees

Balance Sheet

Assets less current liabilities£147k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.40
20233.79
20222.95
20211.51+£120k
20202.70-£7k
20191.65+£50k
20181.11

Derived from filed accounts. Not audited figures.