Back to search

Magco1 Limited

14617556

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR, CLOISTER HOUSE, MANCHESTER, M3 5FS
Incorporated 26/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Freya White

director · Since 26/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 22

Mrs Kay White

director · Since 26/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Freya White

25–50% shares
25–50% votes

British · United Kingdom · Age 22

First Floor, Cloister House, New Bailey Street, Manchester, M3 5FS

Notified 26/01/2023

Mrs Kay White

25–50% shares
25–50% votes

British · United Kingdom · Age 54

First Floor, Cloister House, New Bailey Street, Manchester, M3 5FS

Notified 26/01/2023

CompanyRankvs 247145+ SIC 68209 peers
35

Financial strength30th percentile among SIC peers · 8/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength8/25 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.

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.

Longevity3/15 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 31/01/2026

Net Worth

£2

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£168k

Working capital

Current Assets

£752k

Current Liabilities

£919k

Fixed Assets

£170k

Debtors

£747k

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20260.82
20260.82
20240.99

Derived from filed accounts. Not audited figures.