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Magneto Electrics Ltd

13617394

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 13/09/2021

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/03/2026

Due 25/03/2027

On track

Industry

33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr Jason Stephen Moio

director · Since 13/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Jason Stephen Moio

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

British · United Kingdom · Age 39

71-75, Shelton Street, London, WC2H 9JQ

Notified 13/09/2021

CompanyRankvs 972+ SIC 33140 peers
69

Financial strength70th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 28.69× · 20/20
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 strength18/25 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.

Liquidity20/20 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 30/09/2025

Net Worth

£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£72k

Current Liabilities

£2k

Fixed Assets

£8k

3avg. employees+3

Balance Sheet

Assets less current liabilities£77k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202528.69-£22k
20241.40+£21k
20230.70

Derived from filed accounts. Not audited figures.