Mag Laundry Detergents Limited
12362209
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/12/2019
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 8 other boards
Persons with Significant Control
Mag Group Holdings Limited
Mag House, Chatham Street, Halifax, HX1 5BU
Reg: 12324320 · England & Wales · Limited Compnay
Notified 22/10/2020
Former PSCs
Mr Mark Anthony Dennis
Ceased 22/10/2020
Mr Kieron Kendell
Ceased 22/10/2020
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 624+ SIC 46750 peers56
Show leaderboard
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.
Risk deductions
Outstanding charges: -10 pts
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
£81k
Balance sheet strength
Cash
£46k
Cash in the bank
Net Current Assets
£49k
Working capital
Current Assets
£146k
Current Liabilities
£97k
Fixed Assets
£42k
Debtors
£90k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.51 | +£2k |
| 2024 | 1.33 | +£6k |
| 2023 | 1.92 | +£52k |
| 2022 | 1.05 | — |
| 2021 | 0.87 | — |
Derived from filed accounts. Not audited figures.