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Mags Transport Ltd

12828462

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

9-11 NEW BROADWAY, LONDON, W5 5AW
Incorporated 21/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Miss Manpreet Kaur

director · Since 07/03/2023

DIRECTOR

ITALIAN · ENGLAND · Age 25

Also on 1 other board

Arashdeep Singh

director · Since 07/03/2023

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 22

Persons with Significant Control

Mrs Sarbjit Kaur

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

Italian · United Kingdom · Age 48

34, Rodney Way, Slough, SL3 0PN

Notified 21/08/2020

Mr Gurcharan Singh

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

Italian · United Kingdom · Age 56

34, Rodney Way, Slough, SL3 0PN

Notified 20/08/2022

CompanyRankvs 24932+ SIC 49410 peers
52

Financial strength44th percentile among SIC peers · 11/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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24932Mags Transport Ltd
47
How is this score calculated?
Financial strength11/25 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.

Liquidity6/20 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 31/07/2025

Net Worth

£479

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£64k

Current Liabilities

£103k

Fixed Assets

£40k

5avg. employees

Balance Sheet

Assets less current liabilities£479
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62—
20240.60—
20230.57-£148
20220.29—
20210.44—

Derived from filed accounts. Not audited figures.