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Magda Beauty Salon Limited

14412141

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

39 HENDON LANE, LONDON, N3 1RY
Incorporated 11/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Orhan Ali Ahmed

director · Since 31/05/2024

DIRECTOR

BULGARIAN · ENGLAND · Age 69

Persons with Significant Control

Mr Aleksandar Orlinov Singartiliev

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

Bulgarian · England · Age 42

39 Hendon Lane, Finchley, N3 1RY

Notified 01/08/2023

Former PSCs

Mrs Magdalena Ivaylova Singartiliev

Ceased 01/08/2023

CompanyRankvs 34939+ SIC 96020 peers
37

Financial strength18th percentile among SIC peers · 5/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength5/25 pts

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

Employees11/15 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 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 31/10/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£1k

Current Liabilities

£14k

Fixed Assets

£11k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07+£2k
20230.05

Derived from filed accounts. Not audited figures.