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Magentis Solutions Ltd

12035347

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

136 HERTFORD ROAD, ENFIELD, EN3 5AX
Incorporated 05/06/2019

Compliance

Last accounts

30/06/2023

total exemption full

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 04/06/2023

Due 18/06/2024

Overdue

Industry

62090
Other information technology service activities

Officers

Mr Luke Rawlins

director · Since 09/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Luke Rawlins

25–50% shares
25–50% votes

British · England · Age 47

The Oakley, Kidderminster Road, Droitwich, WR9 9AY

Notified 09/04/2021

Former PSCs

Mr Jamie Andrew Barnett

Ceased 01/08/2019

Mr Christopher Sargent

Ceased 09/04/2021

Insolvency History1 case

creditors voluntary liquidation23/04/2024

Engin Faik (practitioner)

CompanyRankvs 15+ SIC 62090 peers
18

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2023

Net Worth

£28k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£44k

Working capital

Current Assets

£49k

Current Liabilities

£93k

Fixed Assets

£80k

Debtors

£23k

4avg. employees

Balance Sheet

Assets less current liabilities£36k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.53

Derived from filed accounts. Not audited figures.