Local Mags Ltd
07762028
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/06/2023
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 8 other boards
Persons with Significant Control
Mr Lee Martin Kenny
British · England · Age 51
Causey Hall, Dispensary Walk, Halifax, HX1 1QL
Notified 07/06/2023
Former PSCs
Mr Lee Martin Kenny
Ceased 24/07/2019
Mrs Elizabeth Louise Kenny
Ceased 12/03/2026
CompanyRankvs 24013+ SIC 96090 peers70
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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 30/09/2024
Net Worth
£33k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£25k
Working capital
Current Assets
£185k
Current Liabilities
£210k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.88 | +£36k |
| 2023 | 1.10 | — |
| 2022 | 1.18 | — |
| 2021 | 1.15 | +£2k |
| 2020 | 1.32 | -£22k |
| 2019 | 1.12 | +£831 |
| 2018 | 0.83 | — |
Derived from filed accounts. Not audited figures.