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Mags Housing Ltd

11475926

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

19 BEECHWOOD GARDENS, ILFORD, IG5 0AE
Incorporated 20/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings

Officers

Mr Menejer Singh Aujla

director · Since 20/07/2018

BUILDER

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Gurbinder Singh Sandhu

director · Since 20/07/2018

BUILDER

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Menejer Singh Aujla

25–50% shares
25–50% votes

British · United Kingdom · Age 57

19, Beechwood Gardens, Ilford, IG5 0AE

Notified 20/07/2018

Mr Gurbinder Singh Sandhu

25–50% shares
25–50% votes

British · United Kingdom · Age 49

100, Dereham Road, Barking, IG11 9EY

Notified 20/07/2018

CompanyRankvs 39714+ SIC 41100 peers
50

Financial strength81th percentile among SIC peers · 20/25
Employees46th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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39714Mags Housing Ltd
49
How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 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.

Longevity8/15 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 31/07/2025

Net Worth

£131k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

—

Current Liabilities

£3k

Fixed Assets

£119k

1avg. employees

Tax at Year End(2023)

Corp tax£24k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025—+£0
2025—-£11k
2024—-£7k
2023—-£40k
20223.80+£95k
20211.18-£256k
20200.02+£206k
20190.21—

Derived from filed accounts. Not audited figures.