Magforce Ltd
10451027
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/01/2025
COMPANY DIRECTOR
ITALIAN · ENGLAND · Age 54
Also on 8 other boards
Persons with Significant Control
Mr Massimo Parodi
Italian · England · Age 54
Flat 50, Merchant's House, London, SE10 9LX
Notified 28/01/2025
Former PSCs
Mr Massimo Parodi
Ceased 06/02/2024
Francesca Atzeri
Ceased 28/01/2025
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED
ECAPITAL COMMERCIAL FINANCE LIMITED
CompanyRankvs 45075+ SIC 62020 peers48
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£15k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£149k
Current Liabilities
£134k
Debtors
£134k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.11 | +£26k | £7k |
| 2023 | 0.21 | -£450 | — |
| 2022 | 0.21 | -£7k | — |
Derived from filed accounts. Not audited figures.