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Magma Moulding Ltd

08149953

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

CARDIGAN HOUSE C/O BEVAN BUCKLAND LLP, CARDIGAN HOUSE, SWANSEA, SA7 9LA
Incorporated 19/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Kieran Donovan

director · Since 31/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 6 other boards

Persons with Significant Control

Brook Mill Group Ltd

75–100% shares
75–100% votes

Kestrel Park, Burrington Way Industrial Estate, Plymouth, PL5 3LT

Reg: 14983106 · Companies House · Private Company Limited By Shares

Notified 17/01/2024

Former PSCs

Mr Robert Law

Ceased 31/01/2023

Bgf Gp Limited

Ceased 11/01/2018

Bgf Nominees Limited (A/C Bgf Investments Lp)

Ceased 31/01/2023

Ms Claire Marie Slight

Ceased 17/01/2024

Mr Kieran Donovan

Ceased 17/01/2024

Charges3 outstanding

Charge
satisfied

BUSINESS GROWTH FUND PLC FOR ITSELF AND IN ITS CAPACITY AS GENERAL PARTNER TO BGF INVESTMENTS L

Created 17/02/2017Registered 21/02/2017Satisfied 01/02/2023
Charge
satisfied

BUSINESS GROWTH FUND PLC FOR ITSELF AND IN ITS CAPACITY AS GENERAL PARTNER TO BGF INVESTMENTS L

Created 21/10/2015Registered 26/10/2015Satisfied 01/02/2023
Charge
satisfied

BUSINESS GROWTH FUND PLC FOR ITSELF AND IN ITS CAPACITY AS GENERAL PARTNER TO BGF INVESTMENTS L

Created 21/10/2015Registered 26/10/2015Satisfied 01/02/2023
Charge
satisfied

HSBC BANK PLC

Created 13/05/2013Registered 14/05/2013Satisfied 10/12/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 08/05/2013Registered 10/05/2013
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 08/05/2013Registered 10/05/2013
charge
outstanding

HSBC BANK PLC

Created 12/03/2013Registered 15/03/2013
charge
satisfied

MAGMATIC LIMITED

Created 03/12/2012Registered 12/12/2012Satisfied 01/02/2023

CompanyRankvs 1511+ SIC 22290 peers
53

Financial strength57th percentile among SIC peers · 14/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

£69k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£584k

Current Liabilities

£649k

Fixed Assets

£149k

Debtors

£289k

34avg. employees-19

Balance Sheet

Assets less current liabilities£83k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£365k
20231.68
20211.09
20201.46
20191.88

Derived from filed accounts. Not audited figures.