Back to search

Magnecorde Ltd

12381834

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O CHESTERTON HOUSE ACCOUNTING SERVICES LLP, LOUGHBOROUGH, LE11 1UW
Incorporated 31/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64304
Activities of open-ended investment companies
66300
Fund management activities
68100
Buying and selling of own real estate

Officers

Danesh Vinodkumar Gadhia

secretary · Since 31/12/2019

Mr Danesh Vinodkumar Gadhia

director · Since 31/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Mrs Sonal Danesh Gadhia

director · Since 31/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Magnecorde Jersey Limited

75–100% shares
75–100% votes

2nd Floor Unity Chambers, 28 Halkett Street, Jersey, JE2 4WJ

Reg: 163630 · Jersey Financial Services Commission Registry · Registered Company Private

Notified 23/01/2026

Former PSCs

Mrs Sonal Danesh Gadhia

Ceased 23/01/2026

Mr Danesh Vinodkumar Gadhia

Ceased 23/01/2026

CompanyRankvs 152+ SIC 64304 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 182.12× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Robert Hyde Investments Limited
90
2Stafford Capital Partners Limited
89
3Aether Energy Limited
89
4S B Squared Holding Limited
89
5H.B.H. Developments Limited
88
6The 140 Investment Managers Limited
88
7Jr Solo Limited
88
8Be The Earth Investments Limited
88
9Sygil Group Limited
88
10Mindcom Investments Limited
88
152Magnecorde Ltd
77
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

Longevity6/15 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 31/12/2024

Net Worth

£5.1M

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£7k

Fixed Assets

£3.8M

Debtors

£201k

2avg. employees

Balance Sheet

Assets less current liabilities£5.1M
Signed by Mr Danesh Gadhia Mr Akshay Gadhia 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
2024182.12

Derived from filed accounts. Not audited figures.