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Magnitunes Properties Ltd

11572040

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

467 RAINHAM ROAD SOUTH, DAGENHAM, RM10 7XJ
Incorporated 17/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Thomas Colley

director · Since 17/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Hydrus Digital Group Limited

75–100% shares

467, Rainham Road South, Dagenham, RM10 7XJ

Reg: 13437242 · Companies House · Limited Company

Notified 26/07/2021

Former PSCs

Mr Thomas Colley

Ceased 23/10/2021

Charges4 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 25/03/2022Registered 11/04/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 25/03/2022Registered 28/03/2022
Charge
outstanding

ALDERMORE BANK PLC

Created 15/01/2021Registered 21/01/2021
Charge
outstanding

PARAGON BANK PLC

Created 22/01/2020Registered 22/01/2020

CompanyRankvs 85162+ SIC 68100 peers
34

Financial strength63th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
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 strength16/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£206k

Working capital

Current Assets

£436

Current Liabilities

£207k

Fixed Assets

£603k

0avg. employees

Balance Sheet

Assets less current liabilities£397k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£2k
20230.01+£3k
20220.04+£3k
20210.03+£1k
20202.19

Derived from filed accounts. Not audited figures.