Magna Insurance Brokers Limited
12347304
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Lee Robert Nicholson
British · England · Age 54
Bank Chambers, Market Street, Huddersfield, HD1 2EW
Notified 01/06/2021
Katherine Michelle Nicholson
British · United Kingdom · Age 51
42 Tivey Road, Eckington, Sheffield, S21 4LG
Notified 30/01/2024
Former PSCs
James Michael Gerald Manning
Ceased 26/09/2023
Katherine Michelle Nicholson
Ceased 01/06/2021
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 3432+ SIC 66220 peers51
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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 31/07/2025
Net Worth
£18k
Balance sheet strength
Cash
£84k
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£86k
Current Liabilities
£60k
Fixed Assets
£95k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.43 | -£59k |
| 2024 | 3.18 | +£18k |
| 2023 | 2.16 | — |
| 2022 | 1.34 | — |
| 2021 | 1.03 | — |
Derived from filed accounts. Not audited figures.