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The Magnetic Glass Wipeboard Company Limited

08429480

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)
  • Negative net worth (-10)

Details

CUMBERLAND HOUSE, SOUTHEND-ON-SEA, SS2 6HZ
Incorporated 05/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Ian Keith Barren

director · Since 05/03/2013

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 79

Also on 6 other boards

Mrs Nicola Jane Guest

director · Since 05/03/2013

LEGAL SECRETARY

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Persons with Significant Control

Mr Ian Keith Barren

Significant control

British · United Kingdom · Age 79

Cumberland House, 24-28 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Notified 06/04/2016

Squiggle Glass Ltd

75–100% shares
75–100% votes

Cumberland House, 24-28 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Reg: 07320913 · Register Of Companies · Limited Company

Notified 06/04/2016

Mrs Nicola Jane Guest

Significant control

British · England · Age 55

Cumberland House, 24-28 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Notified 06/04/2016

CompanyRankvs 32610+ SIC 64209 peers
41

Financial strength8th percentile among SIC peers · 2/25
Employees75th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
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 strength2/25 pts

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

Employees11/15 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.

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 31/12/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

Current Liabilities

£2k

2avg. employees

Director Loans

Company owes directors£579

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Ian Barren 18/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearImplied Profit
2024-£439
2023-£399

Derived from filed accounts. Not audited figures.