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Mag Enterprize Ltd

11610235

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

TAXBELL ASSOCIATES,THE BEE HIVE OFFICES 1ST FLOOR,, MANCHESTER, M8 8HW
Incorporated 08/10/2018

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 23/12/2025

Due 06/01/2027

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled
87900
Other residential care activities
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mrs Ayesha Andleeb

director · Since 08/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mrs Ayesha Andleeb

Significant control

British · United Kingdom · Age 46

23 Hart Road, Manchester, M14 7LD

Notified 08/10/2018

CompanyRankvs 4374+ SIC 87200 peers
48

Financial strength7th percentile among SIC peers · 2/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity20/20 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 31/10/2023

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£6k

Current Liabilities

£2k

0avg. employees
Prepared with v2024.35.1 micro_entity_frs_105_v1_1_1 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20232.70-£227
20228.47-£435
202116.07-£6k
20200.85
20190.55

Derived from filed accounts. Not audited figures.