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Magna Syndicate Services Limited

10994079

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)

Details

70 ST MARY AXE, LONDON, EC3A 8BE
Incorporated 03/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance
65202
Non-life reinsurance

Officers

Mr Ian Joseph Bridge

director · Since 26/10/2017

UNDERWRITING DIRECTOR AND HEAD OF PROPER

BRITISH · ENGLAND · Age 51

Mr Duncan Henderson Dale

director · Since 26/10/2017

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 60

Also on 8 other boards

Mr Martin Klaus Lawson

director · Since 26/10/2017

HEAD OF CONTINGENCY

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Dale Partners Limited

75–100% shares
75–100% votes
Appoint directors

70, St Mary Axe, London, EC3A 8BE

Reg: 8698094 · Companies House · Limited By Shares

Notified 26/10/2017

Former PSCs

Norose Company Secretarial Services Limited

Ceased 26/10/2017

Mr Thomas Phillipson

Ceased 22/11/2020

CompanyRankvs 1926+ SIC 65120 peers
32

Financial strength32th percentile among SIC peers · 8/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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 strength8/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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 31/10/2019

Net Worth

£935

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities