Y Mag Project 1 Ltd
13580213
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/08/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 28
Also on 1 other board
director · Since 23/08/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
director · Since 23/08/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
director · Since 23/08/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 27
Also on 1 other board
Persons with Significant Control
Young Mag Holdings Ltd
37, Loweswater Avenue, Bradford, BD6 2TZ
Reg: 13571176 · Uk Register Of Companies · Private Company Limited By Shares
Notified 23/08/2021
Mr Stephen Michael Magloire
British · England · Age 60
37, Loweswater Avenue, Bradford, BD6 2TZ
Notified 01/09/2021
CompanyRankvs 80520+ SIC 41100 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
-£27k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£31k
Working capital
Current Assets
£275k
Current Liabilities
£305k
Fixed Assets
£6k
Debtors
£489
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.90 | -£8k |
| 2024 | 0.90 | -£11k |
| 2023 | 0.90 | -£4k |
Derived from filed accounts. Not audited figures.