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The Magnetiz Group Limited

12840825

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 7 THE INNOVATION CENTRE, HARROGATE, HG2 8QT
Incorporated 27/08/2020

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Adam James Daniel

director · Since 27/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 4 other boards

Mr William James Gerald Rogers

director · Since 27/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Mr Andrew Richard Preece

director · Since 20/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 25 other boards

Mr Benjamin Paul Groom

director · Since 19/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 32

Mr James Howard Landes

director · Since 19/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Adam James Daniel

25–50% shares
25–50% votes

British · United Kingdom · Age 29

Unit 7 The Innovation Centre, Hornbeam Park Avenue, Harrogate, HG2 8QT

Notified 27/08/2020

Mr William James Gerald Rogers

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Unit 7 The Innovation Centre, Hornbeam Park Avenue, Harrogate, HG2 8QT

Notified 27/08/2020

Former PSCs

Mr Nick Hancock

Ceased 22/08/2025

Charges1 outstanding

Charge
outstanding

WILLIAM ROGERS

Created 12/09/2025Registered 15/09/2025

CompanyRankvs 16829+ SIC 62090 peers
55

Financial strength72th percentile among SIC peers · 18/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16829The Magnetiz Group Limited
64
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.

Employees14/15 pts

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

Liquidity12/20 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 31/08/2024

Net Worth

£18k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£177k

Current Liabilities

£166k

Fixed Assets

£78k

Debtors

£36k

8avg. employees+1

Balance Sheet

Assets less current liabilities£89k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.07-£37k
20231.27+£48k
20221.01+£4k
20210.98—

Derived from filed accounts. Not audited figures.