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Ash Magnetics Limited

10610433

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1 ASTON COURT, BROMSGROVE, B60 3AL
Incorporated 09/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers

Officers

Mr Ashley Robert Ricketts

director · Since 09/02/2017

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 65

Mrs Bernadette Mary Ricketts

director · Since 09/02/2017

GRAPHIC DESIGNER

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Ashley Robert Ricketts

Significant control

British · United Kingdom · Age 65

1 Aston Court, Bromsgrove Technology Park, Bromsgrove, B60 3AL

Notified 09/02/2017

Mrs Bernadette Mary Ricketts

25–50% shares
25–50% votes

British · England · Age 58

1 Aston Court, Bromsgrove Technology Park, Bromsgrove, B60 3AL

Notified 30/08/2022

CompanyRankvs 140+ SIC 27110 peers
66

Financial strength64th percentile among SIC peers · 16/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 pts

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

Liquidity16/20 pts

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

Longevity9/15 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

£70k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£90k

Working capital

Current Assets

£227k

Current Liabilities

£137k

Fixed Assets

£42k

Debtors

£21k

2avg. employees-1

Balance Sheet

Assets less current liabilities£132k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.66+£26k
20241.62+£15k
20231.37

Derived from filed accounts. Not audited figures.