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Magnificent Security Ltd

07808114

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

59 CHALTON STREET, LONDON, NW1 1HY
Incorporated 13/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Ms. Indre Stankute

director · Since 13/10/2011

MANAGER

LITHUANIAN · UNITED KINGDOM · Age 45

Persons with Significant Control

Ms. Indre Stankute

75–100% shares

Lithuanian · United Kingdom · Age 45

Prae Wood Farm House, Hemel Hempstead Road, St. Albans, AL3 6AA

Notified 01/10/2016

CompanyRankvs 30329+ SIC 43999 peers
45

Financial strength8th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£8k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£35k

Current Liabilities

£32k

Fixed Assets

£3k

Debtors

£2k

Profit After Tax

-£15k

0avg. employees

Tax at Year End(2020)

Corp tax£3k

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10-£15k
20233.58+£413
20228.56-£4k
20218.59-£9k
20202.88
20190.34
20180.58

Derived from filed accounts. Not audited figures.