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Magnit Property Ltd

14331115

active
ltd
england wales
Companies House
Accounts overdue
Health Score
58 / 100

Notable Risks

10/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

42 Springfield Road, Cheshunt, EN8 8TG
Incorporated 01/09/2022

Previously known as

Shantha Property Ltd · until 08/08/2024

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mrs Shantha Pouli Netto Carmel Mary

director · Since 01/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 16 other boards

Shantha Pouli Netto Carmel Mary

director · Since 01/09/2022

British · England · Age 64

Persons with Significant Control

Mrs Shantha Pouli Netto Carmel Mary

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

British · England · Age 64

42, Springfield Road, Waltham Cross, EN8 8TG

Notified 01/09/2022

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 04/06/2024Registered 05/06/2024

Change History

status → active
2026-08-22

Active

type → ltd
2026-08-22

Private Limited Company

address line1 → 42 Springfield Road
2026-08-22

42 SPRINGFIELD ROAD

post town → Cheshunt
2026-08-22

CHESHUNT

officer appointed → CARMEL MARY, Shantha Pouli Netto
2026-08-22

CompanyRankvs 158296+ SIC 68100 peers
19

Financial strength61th percentile among SIC peers · 15/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees3/15 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.

Longevity4/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 30/09/2024

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£270

Current Liabilities

£53k

Fixed Assets

£48k

0avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£0
20230.01—

Derived from filed accounts. Not audited figures.