Back to search

Magco Projects Limited

14624517

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

FIRST FLOOR, CLOISTER HOUSE, MANCHESTER, M3 5FS
Incorporated 30/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Kay White

director · Since 30/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Magco1 Limited

25–50% shares
25–50% votes

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

Reg: 14617556 · Companies House · Limited Company

Notified 30/01/2023

Former PSCs

Magco2 Limited

Ceased 20/11/2024

Charges1 outstanding

Charge
outstanding

MAGCO1 LIMITED

Created 28/03/2023Registered 03/04/2023

CompanyRankvs 73233+ SIC 41100 peers
24

Financial strength30th percentile among SIC peers · 8/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3F.C. Stark Limited
90
4Hitchin Property Trust Limited(The)
90
5Exepex Estates Limited
90
6London & Western Holdings Plc
90
7Robert Dixon Limited
90
8Rayners (Buildings) Limited
90
9G.W.Proudfoot Limited
90
10Taylor Lindsey Limited
90
73233Magco Projects Limited
30
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.

Employees2/15 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.

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 31/01/2026

Net Worth

£2

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£732k

Current Liabilities

£746k

Debtors

£200

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20260.98
20250.99
20241.00

Derived from filed accounts. Not audited figures.