Back to search

Magiled Ltd

13666300

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

91 ABLEWELL STREET, WALSALL, WS1 2EU
Incorporated 07/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Ranjit Sohal

director · Since 07/10/2021

RETIRED LECTURER

BRITISH · UNITED KINGDOM · Age 73

Persons with Significant Control

Mr Ranjit Sohal

75–100% shares

British · United Kingdom · Age 73

91, Ablewell Street, Walsall, WS1 2EU

Notified 07/10/2021

CompanyRankvs 443+ SIC 27400 peers
50

Financial strength43th percentile among SIC peers · 11/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.02× · 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 strength11/25 pts

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

Employees7/15 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 31/10/2025

Net Worth

£194

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£194

Working capital

Current Assets

£12k

Current Liabilities

£12k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02
20241.19-£7k
20232.26

Derived from filed accounts. Not audited figures.