Magnify Lab Ltd
09933083
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/11/2025
Due 14/12/2026
Industry
Officers
Persons with Significant Control
Mr Raymon Nandra
British · England · Age 39
Unit 3, Bradburys Court, Harrow, HA1 2BY
Notified 17/12/2016
CompanyRankvs 4170+ SIC 73110 peers69
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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 31/12/2024
Net Worth
£34k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
£35k
Working capital
Current Assets
£172k
Current Liabilities
£137k
Fixed Assets
£5k
Debtors
£81k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.26 | +£4k |
| 2023 | 1.47 | +£10k |
| 2021 | 1.68 | +£19k |
| 2020 | 1.71 | — |
| 2019 | 0.95 | — |
| 2018 | 0.52 | — |
Derived from filed accounts. Not audited figures.