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Magic Pelagic Fishing Limited

07845702

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

DAWN VIEW 47 GURNICK ROAD, PENZANCE, TR18 5DG
Incorporated 14/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Mr David Banfield Pascoe

director · Since 14/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mrs Sanchia Pascoe

director · Since 14/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr David Banfield Pascoe

25–50% shares

British · United Kingdom · Age 54

Dawn View, 47 Gurnick Road, Penzance, TR18 5DG

Notified 06/04/2016

Mrs Sanchia Pascoe

25–50% shares

British · United Kingdom · Age 54

Dawn View, 47 Gurnick Road, Penzance, TR18 5DG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 10/06/2013Registered 25/06/2013

CompanyRankvs 52+ SIC 03110 peers
71

Financial strength87th percentile among SIC peers · 22/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 16.57× · 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 strength22/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£483k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£396k

Working capital

Current Assets

£404k

Current Liabilities

£24k

Fixed Assets

£93k

2avg. employees

Balance Sheet

Assets less current liabilities£489k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202416.57+£22k
20237.63+£57k
20228.17+£77k
202117.95+£3k
20203.14-£53k
20193.90+£76k
20182.28

Derived from filed accounts. Not audited figures.