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Buckingham Magnetics Ltd

12850401

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

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

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

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 51

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 51

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 399+ SIC 27110 peers
24

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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399Buckingham Magnetics Ltd
24
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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 30/09/2025

Turnover

£13k

Annual revenue

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

—

Current Liabilities

£18k

Fixed Assets

£2k

Debtors

£10k

Cost of Sales

£29k

Gross Profit

-£16k

Admin Expenses

£200

Operating Profit

-£16k

Profit After Tax

-£16k

Balance Sheet

Assets less current liabilities-£6k
Signed by WANNIARACHCHI KANKANAMGE Chathurika Udhayangani

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£16k
20240.12+£2k
20230.06—

Derived from filed accounts. Not audited figures.