Magnitunes Ltd
08337758
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Hydrus Digital Group Limited
467, Rainham Road South, Dagenham, RM10 7XJ
Reg: 13437242 · Companies House · Limited Company
Notified 07/07/2023
Former PSCs
Mr Thomas Colley
Ceased 07/07/2023
Charges2 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 287+ SIC 59200 peers74
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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.
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 31/07/2024
Net Worth
£473k
Balance sheet strength
Cash
£329k
Cash in the bank
Net Current Assets
£264k
Working capital
Current Assets
£492k
Current Liabilities
£228k
Fixed Assets
£351k
Debtors
£164k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.16 | +£41k |
| 2023 | 3.11 | +£3k |
| 2022 | 3.16 | +£82k |
| 2021 | 2.13 | -£11k |
| 2020 | 3.87 | +£107k |
| 2019 | — | +£114k |
| 2018 | 9.07 | — |
Derived from filed accounts. Not audited figures.