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Colormagic Ltd

14502734

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BANTERS HOUSE MAIN ROAD, CHELMSFORD, CM3 1QX
Incorporated 23/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Simon Peter Lance

director · Since 23/11/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 10 other boards

Mrs Louise Lance

director · Since 19/06/2023

ADMINISTRATOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Simon Peter Lance

50–75% shares
50–75% votes

British · England · Age 58

Banters House, Main Road, Chelmsford, CM3 1QX

Notified 23/11/2022

Mrs Louise Lance

25–50% shares
25–50% votes

British · England · Age 46

Banters House, Main Road, Chelmsford, CM3 1QX

Notified 14/03/2023

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 22/03/2023Registered 23/03/2023

CompanyRankvs 9379+ SIC 32990 peers
39

Financial strength46th percentile among SIC peers · 12/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9379Colormagic Ltd
44
How is this score calculated?
Financial strength12/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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.

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

£4k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£330k

Current Liabilities

£347k

Fixed Assets

£22k

Debtors

£133k

8avg. employees

Tax at Year End

Corp tax£23k

Balance Sheet

Intangible assets£17k
Assets less current liabilities£5k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.95
20240.94
20230.89

Derived from filed accounts. Not audited figures.