Mag Environmental Limited
13680482
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
30/07/2026
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
Persons with Significant Control
Mr Gavin Smith
British · United Kingdom · Age 57
71, Birley Moor Avenue, Sheffield, S12 3AR
Notified 14/10/2021
Former PSCs
Mr Michael Stevenson
Ceased 15/09/2024
Mr Mark Andrew Besson
Ceased 15/09/2024
CompanyRankvs 265+ SIC 38220 peers44
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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 31/10/2024
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£6k
Working capital
Current Assets
£41k
Current Liabilities
£35k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.18 | -£5k |
| 2023 | 1.58 | -£13k |
| 2022 | 2.66 | — |
Derived from filed accounts. Not audited figures.