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Buckingham Magnetics Ltd

12850401

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

22 RIPON WAY, BOREHAMWOOD, WD6 2HS
Incorporated 01/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers
46690
Wholesale of other machinery and equipment
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Vajira Malinda Dhanapala

director · Since 01/09/2020

SOLICITOR

BRITISH · ENGLAND · Age 50

Also on 14 other boards

Mrs Chathurika Udhayangani Wanniarachchi Kankanamge

director · Since 01/09/2020

DIRECTOR

GERMAN · ENGLAND · Age 47

Also on 3 other boards

Professor Kapila Manjula Warnakulasuriya

director · Since 01/01/2023

CHARTERED ENGINEER

GERMAN · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Vajira Malinda Dhanapala

25–50% shares
25–50% votes

British · England · Age 50

22, Ripon Way, Borehamwood, WD6 2HS

Notified 01/09/2020

Mrs Chathurika Udhayangani Wanniarachchi Kankanamge

25–50% shares
25–50% votes

German · England · Age 47

22, Ripon Way, Borehamwood, WD6 2HS

Notified 01/09/2020

Professor Kapila Manjula Warnakulasuriya

25–50% shares

German · England · Age 50

15, Cotton End, Buckingham, MK18 7RJ

Notified 09/09/2025

CompanyRankvs 249+ SIC 27110 peers
40

Financial strength47th percentile among SIC peers · 12/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£12k

Current Liabilities

£102k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£2k
20230.06

Derived from filed accounts. Not audited figures.