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Magnitunes Ltd

08337758

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

467 RAINHAM ROAD SOUTH, DAGENHAM, RM10 7XJ
Incorporated 20/12/2012

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

Overdue

Industry

59200
Sound recording and music publishing activities

Officers

Mr Thomas Colley

director · Since 20/12/2012

OWNER

BRITISH · ENGLAND · Age 38

Also on 4 other boards

Persons with Significant Control

Hydrus Digital Group Limited

75–100% shares

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

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/07/2019Registered 10/07/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/06/2019Registered 21/06/2019

CompanyRankvs 2277+ SIC 59200 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.56× · 16/20
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 strength25/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/07/2025

Net Worth

£502k

Balance sheet strength

Cash

£285k

Cash in the bank

Net Current Assets

£180k

Working capital

Current Assets

£504k

Current Liabilities

£323k

Fixed Assets

£343k

Debtors

£219k

0avg. employees-2

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities£523k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56+£29k
20242.16+£41k
20233.11

Derived from filed accounts. Not audited figures.