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Mag Accountants Limited

08121203

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

4 -YORK HOUSE, LOUGHTON, IG10 3TQ
Incorporated 27/06/2012

Compliance

Last accounts

30/04/2025

unaudited abridged

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy
70221
Financial management

Officers

Mr Muhammad Naeem

director · Since 27/06/2012

ACCOUNTANT & TAX CONSULTANT

BRITISH · UNITED KINGDOM · Age 40

Also on 3 other boards

Persons with Significant Control

Mr Muhammad Naeem

75–100% shares
75–100% votes
Appoint directors

Pakistani · United Kingdom · Age 40

4 -York House, Langston Road, Loughton, IG10 3TQ

Notified 06/04/2016

CompanyRankvs 8102+ SIC 69201 peers
71

Financial strength63th percentile among SIC peers · 16/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 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.

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.

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

£14k

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£80k

Current Liabilities

£73k

Fixed Assets

£7k

Debtors

£23k

6avg. employees+3

Balance Sheet

Assets less current liabilities£14k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09
20241.58
20236.24-£1k
202236.93-£8k
202136.40-£10k
20200.89+£2k
20192.47+£6k
20184.00

Derived from filed accounts. Not audited figures.