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Magon Property Limited

08541672

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1 KINGS AVENUE, LONDON, N21 3NA
Incorporated 23/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Neel Magon

secretary · Since 23/05/2013

Mr Neel Ramesh Magon

director · Since 23/05/2013

PROPERTY INVESTMENT

BRITISH · UNITED KINGDOM · Age 36

Also on 14 other boards

Mrs Geeta Magon

director · Since 30/05/2013

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Mrs Geeta Magon

25–50% shares
25–50% votes

British · England · Age 62

1 Kings Avenue, Winchmore Hill, N21 3NA

Notified 06/04/2016

Mr Neel Ramesh Magon

25–50% shares
25–50% votes

British · United Kingdom · Age 36

1 Kings Avenue, Winchmore Hill, N21 3NA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY

Created 23/09/2022Registered 27/09/2022
Charge
satisfied

BANK OF CYPRUS UK LIMITED

Created 05/12/2018Registered 05/12/2018Satisfied 07/12/2022
Charge
satisfied

METRO BANK PLC

Created 18/07/2013Registered 25/07/2013Satisfied 12/10/2022
Charge
satisfied

METRO BANK PLC

Created 18/07/2013Registered 25/07/2013Satisfied 07/12/2022

CompanyRankvs 42790+ SIC 68209 peers
60

Financial strength90th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.99× · 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 strength23/25 pts

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

Employees3/15 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 30/04/2025

Net Worth

£527k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£377k

Working capital

Current Assets

£756k

Current Liabilities

£379k

Debtors

£749k

0avg. employees

Balance Sheet

Assets less current liabilities£3.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.99+£2k
20242.25-£36k
20232.46+£10k
20220.25+£32k
20211.89

Derived from filed accounts. Not audited figures.