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Magnify Studio Ltd

13274333

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

65 MOORFIELD ROAD, SALFORD, M6 7EY
Incorporated 17/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Jonathan Edward Ogden

director · Since 17/03/2021

MUSICIAN

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Mr Philip Aogu Shibata

director · Since 17/03/2021

MUSICIAN

CANADIAN · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Jonathan Edward Ogden

25–50% shares
25–50% votes

British · England · Age 34

65, Moorfield Road, Salford, M6 7EY

Notified 17/03/2021

Mr Philip Aogu Shibata

25–50% shares
25–50% votes

Canadian · United Kingdom · Age 34

70, Swinton Hall Road, Swinton, M27 4BJ

Notified 17/03/2021

CompanyRankvs 9148+ SIC 90020 peers
41

Financial strength16th percentile among SIC peers · 4/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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.

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 31/03/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£13k

Current Liabilities

£14k

2avg. employees

Balance Sheet

Assets less current liabilities-£1k
Signed by 
 
 Approved by the board on 24 October 2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£481
20240.83+£365
20230.48

Derived from filed accounts. Not audited figures.