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Magma Controls Limited

12142287

active
Private Limited Company
england wales
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

2 HARBOROUGH WALK, STOURBRIDGE, DY9 0YN
Incorporated 06/08/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Nigel Paul Kirkham

director · Since 01/06/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Former

Mrs Karolina Anna Potter

director · Resigned 31/07/2026

Persons with Significant Control

Former PSCs

Mrs Karolina Anna Potter

Ceased 05/08/2026

CompanyRankvs 11946+ SIC 71129 peers
53

Financial strength3th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 61.92× · 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.

Employees10/15 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 31/12/2025

Net Worth

-£41k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£12k

Current Liabilities

£197

Debtors

£0

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202561.92-£109
2024—-£1k

Derived from filed accounts. Not audited figures.