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Maganis Ltd

14428416

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

THE UNION BUILDING 51-59, NORWICH, NR1 1BY
Incorporated 19/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Alexandros Fafa

director · Since 03/08/2023

DIRECTOR

GREEK · ENGLAND · Age 26

Also on 1 other board

Persons with Significant Control

Mr Alexandros Fafa

75–100% shares

Greek · England · Age 26

The Union Building 51-59, Rose Lane, Norwich, NR1 1BY

Notified 03/08/2023

Former PSCs

As Formations Ltd

Ceased 19/10/2022

Levendes Limited

Ceased 03/08/2023

CompanyRankvs 139426+ SIC 82990 peers
34

Financial strength52th percentile among SIC peers · 13/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.04× · 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 strength13/25 pts

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

Employees0/15 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 30/11/2024

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£358k

Working capital

Current Assets

£15k

Current Liabilities

£373k

Fixed Assets

£361k

Balance Sheet

Assets less current liabilities£3k
Signed by Mr Alexandros Fafa 22/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.04
20230.03

Derived from filed accounts. Not audited figures.