Magna Asset Management (West Byfleet) Limited
09660498
Details
Compliance
Last accounts
31/12/2023
micro entity
Next accounts due
30/09/2025
Confirmation statement
Last: 01/10/2024
Due 15/10/2025
Industry
Officers
director · Since 27/07/2015
BUSINESS MANAGER
BRITISH · UNITED KINGDOM · Age 67
Also on 8 other boards
Persons with Significant Control
Mr Martin John Lynch
British · England · Age 67
3rd Floor, 114a Cromwell Road, London, SW7 4AG
Notified 06/04/2016
Former PSCs
Magna Asset Management Limited
Ceased 18/08/2020
Westmede Properties Limited
Ceased 01/10/2020
Charges4 outstanding
SECURITY TRUSTEE SERVICES LIMITED
SECURITY TRUSTEE SERVICES LIMITED
MARTIN JOHN LYNCH
MARTIN JOHN LYNCH
Insolvency History1 case
Martin Charles Armstrong (practitioner) · Andrew Richard Bailey (practitioner)
CompanyRankvs 15+ SIC 41100 peers8
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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.
Risk deductions
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
£1.4M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1.4M
Working capital
Current Assets
£496k
Current Liabilities
£1.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.26 |
Derived from filed accounts. Not audited figures.