Back to search

Magnetic Properties (Gl) Limited

12648377

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

82a James Carter Road, Mildenhall, Bury St. Edmunds, IP28 7DE
Incorporated 05/06/2020

Previously known as

Essex Corporate Properties Ltd · until 14/07/2022

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 04/06/2026

Due 18/06/2027

On track

Industry

27110
Manufacture of electric motors, generators and transformers
46690
Wholesale of other machinery and equipment
68320
Management of real estate on a fee or contract basis

Officers

Mr Graeme Mackenzie Stuart Lewis

director · Since 01/07/2022

BUSINESS EXECUTIVE

SOUTH AFRICAN · ENGLAND · Age 61

Also on 3 other boards

Graeme Mackenzie Stuart Lewis

director · Since 01/07/2022

South African · England · Age 61

Former

Manong Lewis

director · Resigned 01/07/2022

Persons with Significant Control

Mr Graeme Mackenzie Stuart Lewis

75–100% shares

South African · England · Age 61

82a, James Carter Road, Bury St. Edmunds, IP28 7DE

Notified 01/07/2022

Former PSCs

Mrs Manong Lewis

Ceased 01/07/2022

Change History

status → active
2026-08-22

Active

type → ltd
2026-08-22

Private Limited Company

address line1 → 82a James Carter Road
2026-08-22

82A JAMES CARTER ROAD

post town → Bury St. Edmunds
2026-08-22

BURY ST. EDMUNDS

sic codes → 27110,46690,68320
2026-08-22

68320

officer appointed → LEWIS, Graeme Mackenzie Stuart
2026-08-22

CompanyRankvs 15+ SIC 27110 peers
41

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 266× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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 30/06/2025

Net Worth

-£59k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£106k

Current Liabilities

£400

Debtors

£104k

1avg. employees

Balance Sheet

Assets less current liabilities£106k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2025266.00+£0
2025266.00-£4k
2024—-£13k
2023308.29—

Derived from filed accounts. Not audited figures.