Magom Limited
08290359
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/12/2020
CONSULTANT
BRITISH · ENGLAND · Age 66
Also on 1 other board
secretary · Since 28/10/2025
Persons with Significant Control
Selven Veeramundar
British · United Kingdom · Age 66
77, Harrow Drive, London, N9 9EQ
Notified 01/11/2020
Former PSCs
Davina Naeck
Ceased 23/08/2019
Shivum Soobiah
Ceased 01/11/2020
CompanyRankvs 41828+ SIC 82990 peers66
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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 30/11/2024
Net Worth
£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£36k
Working capital
Current Assets
£130k
Current Liabilities
£94k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | +£89 |
| 2023 | 1.38 | -£2k |
| 2022 | 1.40 | -£46 |
| 2021 | 1.57 | -£3k |
| 2020 | 2.05 | -£788 |
| 2019 | 4.09 | -£3k |
| 2018 | 2.12 | — |
Derived from filed accounts. Not audited figures.