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Magellan Enterprises Limited

08393983

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

6 FARRINGDON HOUSE 12 STRAND DRIVE, RICHMOND, TW9 4EU
Incorporated 07/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mrs Caroline Dawn Underdown

secretary · Since 07/02/2013

Also on 2 other boards

Mr David John Underdown

director · Since 07/02/2013

CONSULTANT

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Mrs Caroline Dawn Underdown

director · Since 16/02/2016

ADMINISTRATOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr David John Underdown

25–50% shares

British · England · Age 66

Steers House, Holcombe Rogus, Wellington, TA21 0PN

Notified 06/04/2016

Mrs Caroline Dawn Underdown

25–50% shares

British · England · Age 61

6 Farringdon House, 12 Strand Drive, Richmond, TW9 4EU

Notified 06/04/2016

CompanyRankvs 12753+ SIC 56290 peers
37

Financial strength19th percentile among SIC peers · 5/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£2k

Current Liabilities

£4k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£2k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£2k
20241.84
202350.08
202234.04-£7k
202128.97-£17k
20203.20+£12k
20192.17

Derived from filed accounts. Not audited figures.