Mag Optica Ltd
12917782
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Miss Adriana Pinon Ruiz
British · England · Age 39
3, Bull Ring, Dudley, DY3 1RU
Notified 01/10/2020
CompanyRankvs 1301+ SIC 47782 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£2
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£51k
Working capital
Current Assets
£25k
Current Liabilities
£76k
Fixed Assets
£55k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | — |
| 2023 | 1.27 | -£4k |
| 2022 | 1.52 | +£8k |
| 2021 | 1.09 | — |
Derived from filed accounts. Not audited figures.