Magnus Assets One Limited
11214178
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/01/2025
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 45 other boards
director · Since 18/01/2025
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 65 other boards
director · Since 18/01/2025
COMPANY DIRECTOR
AMERICAN · UNITED STATES · Age 73
Persons with Significant Control
Hartree Partners Power Holdings 2 (Uk) Limited
Level 8, 123 Buckingham Palace Road, London, SW1W 9SH
Reg: 16127362 · Companies House · Limited By Shares
Notified 18/01/2025
Former PSCs
Downing Corporate Finance Limited
Ceased 12/03/2019
Bagnall Energy Limited
Ceased 18/01/2025
Charges0 outstanding
DOWNING LLP AS SECURITY TRUSTEE
CompanyRankvs 25270+ SIC 66300 peers27
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the foreseeable future. The directors have not identified any material uncertainties that could cast significant doubt about the Company's ability to adopt the going concern basis of accounting for a period of at least 12 months from the date at which the financial statement are authorised for issue. Accordingly, the directors continue to adopt the going concern basis in
Key FinancialsYear ending 30/09/2022
Net Worth
£1
Balance sheet strength
Cash
£784k
Cash in the bank
Net Current Assets
-£2.1M
Working capital
Current Assets
£53.1M
Current Liabilities
£55.2M
Fixed Assets
£23k
Debtors
£52.3M
Profit After Tax
-£677k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.96 | — |
| 2021 | 5.47 | -£778k |
| 2020 | 9.12 | — |
| 2018 | Infinity | — |
Derived from filed accounts. Not audited figures.