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Scribers Magnet Solutions Limited

09514692

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

46 SAXONDALE AVENUE, BIRMINGHAM, B26 1LR
Incorporated 27/03/2015

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Vincent Cosgrove

secretary · Since 27/03/2015

Mr Vincent Cosgrove

director · Since 27/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr Yi Dong

director · Since 01/04/2015

MAGNET EXPORTER

CHINESE · CHINA · Age 46

Persons with Significant Control

Mr Vincent Cosgrove

25–50% shares

British · United Kingdom · Age 56

46, Saxondale Avenue, Birmingham, B26 1LR

Notified 25/11/2024

Mr Yi Dong

25–50% shares

Chinese · China · Age 46

26, Taoyuan South Road, Taiyuan City

Notified 29/11/2024

Former PSCs

Mr Yi Dong

Ceased 25/11/2024

CompanyRankvs 5942+ SIC 25990 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

Longevity11/15 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

-£86k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£456

Current Liabilities

£85k

1avg. employees

Balance Sheet

Assets less current liabilities-£85k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£516
20240.00-£210
20230.00-£326
2022-£169k
20210.01+£61
20200.01+£200
20190.01

Derived from filed accounts. Not audited figures.