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New Magenta Ltd

12903346

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

30 FORE STREET, TOTNES, TQ9 5RP
Incorporated 24/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Paul Justin Bridgman

director · Since 24/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Paul Justin Bridgman

75–100% shares
75–100% votes
Appoint directors

British · England · Age 62

30, Fore Street, Totnes, TQ9 5RP

Notified 24/09/2020

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 23/03/2022Registered 29/03/2022Satisfied 19/06/2025
Charge
satisfied

LLOYDS BANK PLC

Created 08/07/2021Registered 09/07/2021Satisfied 19/06/2025
Charge
satisfied

LLOYDS BANK PLC

Created 08/07/2021Registered 08/07/2021Satisfied 21/04/2022

CompanyRankvs 29584+ SIC 41100 peers
57

Financial strength68th percentile among SIC peers · 17/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.11× · 12/20
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 strength17/25 pts

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

Employees7/15 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.

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

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£210k

Current Liabilities

£190k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11-£311k
202310.21+£508k
202214.77-£306k
2021618.96

Derived from filed accounts. Not audited figures.