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Himag Planar Magnetics Ltd

08338642

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT A THE AQUARIUS CENTRE EDISON CLOSE, QUEDGELEY, GL2 2FN
Incorporated 20/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers

Officers

David Yativ

director · Since 20/12/2012

DIRECTOR

ISRAELI · ISRAEL · Age 79

Michal Lichtenstein

director · Since 16/01/2013

DIRECTOR

ISRAELI · ISRAEL · Age 54

Doron Yativ

director · Since 16/01/2013

DIRECTOR

ISRAELI · ISRAEL · Age 55

Persons with Significant Control

Mr David Yativ

50–75% shares
50–75% votes

Israeli · Israel · Age 79

Unit A The Aquarius Centre, Edison Close, Quedgeley, GL2 2FN

Notified 06/04/2016

CompanyRankvs 139+ SIC 27110 peers
53

Financial strength79th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 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.

Liquidity0/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at

Key FinancialsYear ending 31/12/2024

Net Worth

£442k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

Current Liabilities

Debtors

£668k

Cost of Sales

£1.7M

Admin Expenses

£974k

Profit After Tax

£298k

17avg. employees-2

People Costs

Wages & salaries£519k

Balance Sheet

Total assets£2.8M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024+£298k

Derived from filed accounts. Not audited figures.