Magfit Ltd
14515505
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/11/2022
Persons with Significant Control
Mr Malik Ngari Gathecha
Kenyan · England · Age 30
35, Scott Road, Crawley, RH10 5BY
Notified 30/11/2022
CompanyRankvs 1205+ SIC 14190 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£398
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£398
Working capital
Current Assets
£4k
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.12 |
| 2023 | 1.15 |
Derived from filed accounts. Not audited figures.