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Magnect Services Uk Ltd

12157746

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

26 CHAPEL STREET, MANCHESTER, M19 3QA
Incorporated 15/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation
62020
Information technology consultancy activities
66110
Administration of financial markets
70229
Management consultancy activities

Officers

Mr Oluwaseyi Daniel Ogunyemi

director · Since 15/08/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mr Oluwaseyi Daniel Ogunyemi

right-to-appoint-and-remove-directors-as-trust

British · England · Age 49

26, Chapel Street, Manchester, M19 3QA

Notified 15/08/2019

CompanyRankvs 3438+ SIC 55900 peers
57

Financial strength46th percentile among SIC peers · 12/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 45.34× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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3438Magnect Services Uk Ltd
56
How is this score calculated?
Financial strength12/25 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.

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 31/08/2020

Net Worth

£199

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£230

0avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202045.34

Derived from filed accounts. Not audited figures.