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Magnificent Homes Limited

12741779

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

9 SEDDON AVENUE, MANCHESTER, M18 8NW
Incorporated 14/07/2020

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 17/05/2026

Due 31/05/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Akinyemi Richard Olaluyi

director · Since 14/07/2020

FINANCIAL CONTROLLER

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Beatrice Adedola Olaluyi

director · Since 14/07/2020

NURSE

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Akinyemi Richard Olaluyi

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

9, Seddon Avenue, Manchester, M18 8NW

Notified 14/07/2020

Mrs Beatrice Adedola Olaluyi

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

British · England · Age 58

9, Seddon Avenue, Manchester, M18 8NW

Notified 14/07/2020

Charges1 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 07/07/2023Registered 12/07/2023

CompanyRankvs 107080+ SIC 68100 peers
29

Financial strength52th percentile among SIC peers · 13/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
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9Stonewood Securities Limited
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10Braintree Bungalows Limited
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107080Magnificent Homes Limited
38
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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.

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 31/07/2025

Net Worth

£414

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£711

Working capital

Current Assets

£384

Current Liabilities

£1k

Fixed Assets

£324k

0avg. employees

Balance Sheet

Assets less current liabilities£323k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.35
20250.35
20241.79
20234.30
202210.27

Derived from filed accounts. Not audited figures.