Magsputter Limited
11657432
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/08/2024
director · Since 14/08/2024
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 28 other boards
director · Since 14/08/2024
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 15 other boards
Persons with Significant Control
Judges Scientific Plc
52c, Borough High Street, London, SE1 1XN
Reg: 04597315 · Companies House · Public Limited Company
Notified 14/08/2024
Former PSCs
Mrs Angela Clare Byrne
Ceased 01/02/2021
Dr Hailin Sun
Ceased 14/08/2024
Mr Wayne Kenneth Southall
Ceased 01/02/2021
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
TC LOANS II LIMITED (ACTING AS THE SECURITY TRUSTEE OF THE SECURED PARTIES)
CompanyRankvs 60060+ SIC 64209 peers59
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/01/2024
Net Worth
£300
Balance sheet strength
Cash
£699k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£1.2M
Current Liabilities
£85k
Fixed Assets
£2.5M
Debtors
£514k
Cost of Sales
£1.9M
Admin Expenses
£3.4M
Profit After Tax
£1.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 14.28 | — |
| 2023 | 6.04 | — |
| 2022 | 3.09 | — |
| 2021 | 0.03 | +£723k |
| 2020 | 0.01 | — |
Derived from filed accounts. Not audited figures.