Back to search

Magenta Pay Ltd

13136057

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 114 BUSINESS FIRST BUSINESS CENTRE, LIVERPOOL, L24 9HJ
Incorporated 15/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mrs Julie Marie Hall

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · ISLE OF MAN · Age 59

Also on 14 other boards

Mr Michael John Hall

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · ISLE OF MAN · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Michael John Hall

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

British · Isle Of Man · Age 54

Suite 114, Business First Business Centre, Liverpool, L24 9HJ

Notified 15/01/2021

Former PSCs

Mr Christopher David Champion

Ceased 30/09/2024

CompanyRankvs 8492+ SIC 78109 peers
57

Financial strength48th percentile among SIC peers · 12/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength12/25 pts

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

Employees13/15 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.

Longevity5/15 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 31/01/2023

Net Worth

£721

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£17k

Current Liabilities

£12k

Debtors

£100

6avg. employees+6

Balance Sheet

Assets less current liabilities£4k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20231.34

Derived from filed accounts. Not audited figures.