Mag London Ltd
11523978
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Namrata Kohli
British · United Kingdom · Age 48
26, Station Road, Watford, WD17 1JU
Notified 17/08/2018
Mr Maninder Singh Kohli
British · England · Age 53
26, Station Road, Watford, WD17 1JU
Notified 15/05/2025
CompanyRankvs 10463+ SIC 46900 peers53
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/08/2024
Net Worth
£33k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
£14k
Current Liabilities
£78k
Fixed Assets
£94k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.18 | +£30k |
| 2023 | 0.59 | -£90k |
| 2022 | 1.26 | -£235k |
| 2021 | 16.51 | -£145k |
| 2020 | 11.17 | +£30k |
| 2019 | 4.07 | — |
Derived from filed accounts. Not audited figures.