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Magsfet Ventures Limited

08050720

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

4 HEWER CLOSE, MANCHESTER, M27 8BT
Incorporated 30/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Oluwaseun Owoyomi

director · Since 30/04/2012

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 44

Mrs Esther Abiodun Owoyomi

director · Since 11/02/2023

COMPANY DIRECTOR

NIGERIAN · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Oluwaseun Adewale Owoyomi

Significant control

Nigerian · England · Age 44

4, Hewer Close, Manchester, M27 8BT

Notified 30/06/2016

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/07/2023Registered 26/07/2023

CompanyRankvs 195913+ SIC 68209 peers
27

Financial strength18th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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195913Magsfet Ventures Limited
37
How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/04/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Fixed Assets

£181k

0avg. employees-1
Signed by Esther Abiodun Owoyomi

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£861
2024—-£7k
20237.71-£696
2022Infinity+£0
202116.33+£0
20206.72+£4k
201934.59—

Derived from filed accounts. Not audited figures.