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Magen Developments Ltd

10178713

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

20 COXON STREET, DERBY, DE21 7JG
Incorporated 13/05/2016

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/05/2026

Due 27/05/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Richard Fadlun

director · Since 13/05/2016

BUSINESS CONSULTANT

ITALIAN · ISRAEL · Age 55

Also on 6 other boards

Persons with Significant Control

Mrs Sina Fargion

25–50% shares
25–50% votes

Italian · United Kingdom · Age 77

20 Coxon Street, Spondon, Derby, DE21 7JG

Notified 13/05/2016

Charges2 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 28/05/2020Registered 04/06/2020
Charge
outstanding

INVESTEC BANK PLC

Created 22/02/2017Registered 24/02/2017

CompanyRankvs 9295+ SIC 64209 peers
53

Financial strength66th percentile among SIC peers · 17/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/05/2025

Net Worth

£34k

Balance sheet strength

Cash

£176

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£217k

Current Liabilities

£152k

Debtors

£217k

1avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£65k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20251.43+£0
20251.43-£2k
20241.46-£4k
20231.57-£3k
20221.63-£5k
20211.54+£39k
20201.02+£15k
20190.46-£2k

Derived from filed accounts. Not audited figures.