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Magnet Holdings Limited

14731727

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

8 CHURCH GREEN EAST, REDDITCH, B98 8BP
Incorporated 15/03/2023

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/03/2026

Due 28/03/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Craig Andrew Magnet

director · Since 15/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Craig Andrew Magnet

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 44

8 Church Green East, Redditch, B98 8BP

Notified 15/03/2023

CompanyRankvs 11540+ SIC 64209 peers
61

Financial strength80th percentile among SIC peers · 20/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 11.93× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£405k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£405k

Working capital

Current Assets

£442k

Current Liabilities

£37k

Fixed Assets

£100

0avg. employees

Balance Sheet

Assets less current liabilities£405k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511.93-£29k
2024514.78+£270k
20235.97

Derived from filed accounts. Not audited figures.