Magnate Limited
12297767
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Sreekanth Reddy Punreddi
British · United Kingdom · Age 44
167-169, Great Portland Street, London, W1W 5PF
Notified 05/11/2019
CompanyRankvs 70098+ SIC 62020 peers45
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Turnover
£102k
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£31k
Bottom line earnings
Net Current Assets
£100
Working capital
Current Assets
£100
Current Liabilities
—
Cost of Sales
£68k
Gross Profit
£34k
Admin Expenses
£3k
Operating Profit
£31k
Profit After Tax
£31k
Balance Sheet