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Magnet 2020 Ltd

12703170

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 PAVILION, TADCASTER, LS24 9HD
Incorporated 29/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities
56302
Public houses and bars

Officers

Mr Graham Mark Collins

secretary · Since 29/06/2020

Also on 1 other board

Ms Clare Wendy Challans

director · Since 29/06/2020

BUYING DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Graham Mark Collins

director · Since 29/06/2020

NATIONAL ACCOUNT MANAGER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Allan Herbert Parry

director · Since 29/06/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 72

Mr Bryan Roy Collins

director · Since 29/06/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 61

CompanyRankvs 3378+ SIC 56210 peers
62

Financial strength27th percentile among SIC peers · 7/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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3378Magnet 2020 Ltd
62
How is this score calculated?
Financial strength7/25 pts

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

Employees14/15 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 30/04/2025

Net Worth

£1

Balance sheet strength

Cash

£103k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£111k

Current Liabilities

£48k

Fixed Assets

£4k

Debtors

£103

10avg. employees+1

Balance Sheet

Assets less current liabilities£67k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.32
20241.67
20232.00
20222.42

Derived from filed accounts. Not audited figures.