Magnum Equipment Ltd
08127806
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/07/2012
SELF EMPLOYED
BRITISH · ENGLAND · Age 77
Also on 3 other boards
Persons with Significant Control
Mr Alan Robert Manners
British · England · Age 77
Church View, 87 The Village, York, YO32 9UP
Notified 07/04/2016
CompanyRankvs 54+ SIC 28132 peers38
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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 31/07/2025
Net Worth
-£185k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£184k
Working capital
Current Assets
£15k
Current Liabilities
£199k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£67k |
| 2024 | 0.40 | +£34k |
| 2023 | 0.36 | — |
Derived from filed accounts. Not audited figures.