Magkan Solutions Limited
07703668
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/07/2011
IT CONTRACTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 2 other boards
director · Since 11/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Mrs Vishnu Iswariyaa Shanmugam
British · England · Age 40
45, St. Barnabas Road, Sutton, SM1 4NS
Notified 30/12/2024
Former PSCs
Mr Arunan Kannan
Ceased 30/12/2024
Mrs Vishnu Iswariyaa Shanmugam
Ceased 07/12/2017
CompanyRankvs 19395+ SIC 62020 peers75
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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 31/07/2025
Net Worth
£30k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£73k
Current Liabilities
£46k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.57 | — |
| 2024 | 0.90 | — |
| 2023 | 1.55 | +£4k |
| 2022 | 1.61 | — |
| 2021 | 0.84 | — |
Derived from filed accounts. Not audited figures.