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Mag Laundry Rentals Ltd

11488769

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

BARNARD BUILDINGS, BRADFORD, BD4 7EA
Incorporated 30/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Kieron Kendell

director · Since 30/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 8 other boards

Persons with Significant Control

Mag Group Holdings Limited

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

Mag House, Chatham Street, Halifax, HX1 5BU

Reg: 12324320 · England & Wales · Limited Compnay

Notified 22/12/2019

Former PSCs

Mr Mark Anthony Dennis

Ceased 22/11/2019

Mr Kieron Kendell

Ceased 22/11/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 13/09/2024Registered 16/09/2024

CompanyRankvs 716+ SIC 47540 peers
61

Financial strength92th percentile among SIC peers · 23/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£509k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£82k

Working capital

Current Assets

£192k

Current Liabilities

£110k

Fixed Assets

£510k

Debtors

£166k

2avg. employees

Tax at Year End

Corp tax£53k

Balance Sheet

Assets less current liabilities£592k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£130k
20240.54+£120k
20230.42+£106k
20220.48
20210.60

Derived from filed accounts. Not audited figures.