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Magna Foodservice Limited

08411684

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

19 - 21, HOUNSLOW, TW5 9NB
Incorporated 20/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46380
Wholesale of other food, including fish, crustaceans and molluscs
56290
Other food service activities

Officers

Mr Khalid Mirza

director · Since 20/02/2013

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 11 other boards

Persons with Significant Control

Mr Khalid Mirza

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

19, - 21, Hounslow, TW5 9NB

Notified 10/02/2017

Mrs Zanab Khalid Mirza

25–50% shares

British · England · Age 58

19, - 21, Hounslow, TW5 9NB

Notified 27/03/2023

Former PSCs

Mrs Zanab Khalid Mirza

Ceased 01/12/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/11/2024Registered 15/11/2024
Charge
outstanding

HSBC UK BANK PLC

Created 09/10/2024Registered 14/10/2024
Charge
satisfied

LONDON FOODSERVICE LIMITED

Created 23/02/2015Registered 11/03/2015Satisfied 17/08/2015
Charge
satisfied

LONDON FOODSERVICE LIMITED

Created 30/05/2014Registered 07/06/2014Satisfied 17/08/2015

CompanyRankvs 209+ SIC 46380 peers
73

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

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.

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 31/03/2022

Net Worth

£3.6M

Balance sheet strength

Cash

£769k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.0M

Fixed Assets

£1.5M

Debtors

£3.0M

40avg. employees-5

Tax at Year End

Corp tax£161k

Balance Sheet

Intangible assets£338k
Bank loans & overdrafts£42k
Assets less current liabilities£3.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20221.76+£682k
20212.20+£664k
20202.25+£755k
20191.35

Derived from filed accounts. Not audited figures.