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Magna Societas Ltd

14126383

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

SOKO 729 TOWER 42, LONDON, EC2N 1HN
Incorporated 24/05/2022

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

47190
Other retail sale in non-specialised stores
74909
Other professional, scientific and technical activities

Officers

Mr Baljinder Singh Panesar

director · Since 24/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Baljinder Singh Panesar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

38, Morland Road, Harrow, HA3 9LU

Notified 24/05/2022

Former PSCs

Mr. Gurdev Singh Gill

Ceased 08/12/2025

CompanyRankvs 8391+ SIC 47190 peers
54

Financial strength68th percentile among SIC peers · 17/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 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.

Longevity4/15 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 31/05/2025

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£249k

Current Liabilities

£240k

1avg. employees

Balance Sheet

Assets less current liabilities£9k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04+£0
20251.04+£31k
20240.82-£10k
20230.73

Derived from filed accounts. Not audited figures.