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Magnolias House Consulting Ltd

13483811

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

416 GREEN LANE, ILFORD, IG3 9JX
Incorporated 29/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Ravinder Singh Phull

director · Since 29/06/2021

IT CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Ravinder Singh Phull

Significant control

British · England · Age 63

416, Green Lane, Ilford, IG3 9JX

Notified 29/06/2021

Magnolias House Ltd

75–100% shares

416, Green Lane, Ilford, IG3 9JX

Reg: 11666889 · England · Limited Company

Notified 03/01/2024

Former PSCs

Paramjit Phull

Ceased 03/01/2024

CompanyRankvs 53747+ SIC 62020 peers
58

Financial strength66th percentile among SIC peers · 17/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.56× · 16/20
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 strength17/25 pts

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

Employees5/15 pts

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

Liquidity16/20 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 30/06/2025

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£71k

Current Liabilities

£45k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56+£0
20251.56-£7k
20241.76-£27k
20232.51+£42k
20222.07

Derived from filed accounts. Not audited figures.