Magnate Inc Limited
08648687
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Miss Ade Atekoja
British · England · Age 56
Radius House, 51 Clarendon Road, Watford, WD17 1HP
Notified 01/07/2016
CompanyRankvs 48418+ SIC 70229 peers65
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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 31/08/2025
Net Worth
£616
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£616
Working capital
Current Assets
£676
Current Liabilities
£60
Tax at Year End(2021)
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 11.27 | — | — |
| 2024 | 7.29 | -£15k | — |
| 2023 | 26.52 | -£908 | — |
| 2022 | 44.28 | -£13k | — |
| 2021 | 3.20 | -£16k | £21k |
| 2020 | 27.98 | -£8k | £21k |
| 2019 | 868.89 | -£16k | — |
| 2018 | 4.56 | — | — |
Derived from filed accounts. Not audited figures.