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Magna Paper Ltd

12956429

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O EMMERSON ACCOUNTANCY LIMITED - BIZSPACE ATLANTIC STREET, ALTRINCHAM, WA14 5NQ
Incorporated 16/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80100
Private security activities

Officers

Mr Colin Stanley Bason

director · Since 16/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Frank James O'Hare

director · Since 16/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Frank James O'Hare

50–75% shares
50–75% votes
Appoint directors

British · England · Age 56

14a Hillside Road, Frodsham, WA6 6AN

Notified 16/10/2020

Mr Colin Stanley Bason

50–75% shares
50–75% votes
Appoint directors

British · England · Age 45

2 Kestral Mews, Skelmersdale, WN8 6TD

Notified 16/10/2020

CompanyRankvs 6336+ SIC 80100 peers
45

Financial strength31th percentile among SIC peers · 8/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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6336Magna Paper Ltd
40
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£2

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£6k

Current Liabilities

£8k

Fixed Assets

£2k

Debtors

£5k

Profit After Tax

£9k

2avg. employees

Tax at Year End

Corp tax£7k
Dividends paid£26k

Balance Sheet

Assets less current liabilities£46
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.75
20231.96
20221.73
20211.13

Derived from filed accounts. Not audited figures.