Mag Fashion Limited
08366702
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Miss Yin Ling Alice Kwan
British · United Kingdom · Age 40
28, Aislibie Road, London, SE12 8QQ
Notified 01/01/2021
Former PSCs
Mr Gawain George Blizzard
Ceased 01/04/2021
CompanyRankvs 2187+ SIC 14190 peers38
Show leaderboard
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 31/12/2024
Net Worth
-£324k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£286k
Working capital
Current Assets
£24k
Current Liabilities
£310k
Debtors
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | -£61k |
| 2023 | 0.12 | -£507k |
| 2022 | 0.19 | +£457k |
| 2021 | — | -£17k |
| 2020 | — | -£18k |
| 2019 | — | -£155k |
Derived from filed accounts. Not audited figures.