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Majnet Limited

11835269

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

87 MANTON DRIVE, LUTON, LU2 7DL
Incorporated 19/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Arfeen Majid

director · Since 19/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Arfeen Majid

Significant control

British · England · Age 45

87 Manton Drive, Manton Drive, Luton, LU2 7DL

Notified 19/02/2019

CompanyRankvs 63050+ SIC 62020 peers
48

Financial strength3th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 8.69× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

Longevity7/15 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 28/02/2025

Net Worth

-£39k

Balance sheet strength

Cash

£278

Cash in the bank

Net Current Assets

£246

Working capital

Current Assets

£278

Current Liabilities

£32

Fixed Assets

£3k

1avg. employees

Director Loans

Company owes directors£10k

Balance Sheet

Assets less current liabilities£4k
Signed by Mr Arfeen Majid 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.69-£1k
20241.37-£3k
202350.68-£70k
2022+£0
2021+£0

Derived from filed accounts. Not audited figures.