Magnify It Limited
07809645
Some Concerns
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 06/10/2025
Due 20/10/2026
Industry
Officers
director · Since 13/10/2011
SOFTWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Mrs Supriya Balne
British · England · Age 37
14, Kings Reach, Slough, SL3 7RQ
Notified 01/07/2016
Former PSCs
Mr Sarveshwar Balne
Ceased 01/11/2021
CompanyRankvs 58426+ SIC 62020 peers51
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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 31/10/2024
Net Worth
£247
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£36k
Working capital
Current Assets
—
Current Liabilities
£36k
Fixed Assets
£46k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.15 | +£47k |
| 2022 | 2.04 | +£9k |
| 2021 | 3.19 | — |
| 2020 | 3.22 | — |
| 2019 | 4.09 | — |
| 2018 | 1.52 | — |
Derived from filed accounts. Not audited figures.