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Unit 3520 Magna Park Limited

13786079

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

6th Floor 85 Buckingham Gate, London, SW1E 6PD
Incorporated 07/12/2021

Previously known as

1175 Argyle Street Limited · until 25/11/2022
Unit J6 Lowfields Business Park Elland Ltd · until 17/03/2022

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Erol Tabanca

director · Since 07/12/2021

BUSINESSPERSON

TURKISH · UNITED KINGDOM · Age 69

Also on 11 other boards

Erol Tabanca

director · Since 07/12/2021

Turkish · United Kingdom · Age 69

Persons with Significant Control

Ertab Holding Limited

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

6th Floor, 85 Buckingham Gate, London, SW1E 6PD

Notified 07/12/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC AS SECURITY AGENT AND SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 24/01/2025Registered 29/01/2025

Change History

officer appointedTABANCA, Erol
2026-07-28
statusactive
2026-07-28

Active

typeltd
2026-07-28

Private Limited Company

address line16th Floor 85 Buckingham Gate
2026-07-28

6TH FLOOR

post townLondon
2026-07-28

LONDON

CompanyRankvs 45415+ SIC 68100 peers
46

Financial strength98th percentile among SIC peers · 25/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£335k

Cash in the bank

Net Current Assets

-£11.8M

Working capital

Current Assets

£522k

Current Liabilities

£12.3M

Debtors

£187k

Profit After Tax

£2.4M

1avg. employees

Balance Sheet

Assets less current liabilities£11.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.04
20240.02
20230.03

Derived from filed accounts. Not audited figures.