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Magham Developments Limited

13062931

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

93 ORCHID COURT, TONBRIDGE, TN9 1FZ
Incorporated 04/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Mark Thomas Tutt

director · Since 04/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Nick John Pattenden

director · Since 25/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Kennards Investment Ltd

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

93 Orchid Court, Sovereign Way, Tonbridge, TN9 1FZ

Reg: 10684346 · United Kingdom · Private Limited

Notified 04/12/2020

Mr Nicholas John Pattenden

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

93 Orchid Court, Sovereign Way, Tonbridge, TN9 1FZ

Notified 01/05/2022

Charges3 outstanding

Charge
outstanding

MT FINANCES LIMITED

Created 21/11/2025Registered 25/11/2025
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 11/07/2025Registered 14/07/2025
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 01/11/2024Registered 05/11/2024

CompanyRankvs 65842+ SIC 41100 peers
28

Financial strength37th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.4M

Fixed Assets

£2k

Debtors

£10k

0avg. employees

Balance Sheet

Assets less current liabilities-£26k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.98
20230.99

Derived from filed accounts. Not audited figures.