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Magara Law Limited

12656617

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

THE ECO BUSINESS CENTRE, BICESTER, OX27 8BL
Incorporated 09/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Roy Tibayungwa Magara

director · Since 09/06/2020

LAWYER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Roy Tibayungwa Magara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

The Eco Business Centre, Charlotte Avenue, Bicester, OX27 8BL

Notified 09/06/2020

Mrs Oluwayemi Olufunke Magara

25–50% shares

British · England · Age 36

The Eco Business Centre, Charlotte Avenue, Bicester, OX27 8BL

Notified 27/08/2021

Former PSCs

Mrs Oluwayemi Olufunke Magara

Ceased 16/07/2020

CompanyRankvs 3516+ SIC 69102 peers
66

Financial strength71th percentile among SIC peers · 18/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/03/2025

Net Worth

£85k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£168k

Current Liabilities

£90k

Fixed Assets

£4k

4avg. employees

Balance Sheet

Assets less current liabilities£85k
Signed by Mr Roy Magara 03/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88+£27k
20241.58+£40k
20231.27—

Derived from filed accounts. Not audited figures.