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Mag Home Claims Services Limited

12837939

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

66 HIGH STREET, AYLESBURY, HP20 1SE
Incorporated 26/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Paul Hayman

director · Since 26/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Mr Purmpal Singh Taggar

director · Since 30/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 16 other boards

Persons with Significant Control

Magroup Limited

75–100% shares
75–100% votes

66, High Street, Aylesbury, HP20 1SE

Reg: 06732888 · Uk Register Of Companies · Private Company Limited By Shares

Notified 26/08/2020

Mr Paul Hayman

Significant control
significant-influence-or-control-as-firm

British · England · Age 56

66, High Street, Aylesbury, HP20 1SE

Notified 11/09/2023

Former PSCs

Sbs Insurance Services Limited

Ceased 11/09/2023

CompanyRankvs 71483+ SIC 96090 peers
51

Financial strength35th percentile among SIC peers · 9/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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71483Mag Home Claims Services Limited
40
How is this score calculated?
Financial strength9/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover represents management fees charged for home insurance claims handling services. 1.4 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

£202

Working capital

Current Assets

£202

Current Liabilities

£0

Debtors

£202

2avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity—
20232.43—
20220.08-£308k
20216.14—

Derived from filed accounts. Not audited figures.