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7magok Ltd

10925066

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

QUITHER, WHITELEY FARM, IVYBRIDGE, PL21 0LD
Incorporated 21/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31010
Manufacture of office and shop furniture
31020
Manufacture of kitchen furniture
31090
Manufacture of other furniture
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Agustin Bazzini

director · Since 21/08/2017

DIRECTOR

ARGENTINE · ENGLAND · Age 48

Mrs Maya Frances Weldon

director · Since 21/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Agustin Bazzini

25–50% shares
25–50% votes

Argentine · England · Age 48

Quither, Whiteley Farm, Bittaford, Ivybridge, PL21 0LD

Notified 21/08/2017

Mrs Maya Frances Weldon

25–50% shares
25–50% votes

British · England · Age 42

Quither, Whiteley Farm, Bittaford, Ivybridge, PL21 0LD

Notified 21/08/2017

CompanyRankvs 473+ SIC 31010 peers
56

Financial strength69th percentile among SIC peers · 17/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.85× · 6/20
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 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.

Liquidity6/20 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 31/12/2024

Net Worth

£53k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£60k

Current Liabilities

£70k

Fixed Assets

£64k

Debtors

£2k

3avg. employees

Balance Sheet

Intangible assets£7k
Assets less current liabilities£53k
Signed by Mr Agustin Bazzini 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£68k
20231.89

Derived from filed accounts. Not audited figures.