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Black Business Magazine Ltd

14743655

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

Izabella House Office 1, Izabella House, 24-26 Regent Place, Birmingham, B1 3NJ
Incorporated 20/03/2023

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

58142
Publishing of consumer and business journals and periodicals
82990
Other business support service activities

Officers

Mr Truchio Tyrone Powell

director · Since 20/03/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Truchio Tyrone Powell

director · Since 20/03/2023

British · England · Age 42

Persons with Significant Control

Mr Truchio Tyrone Powell

75–100% shares
50–75% votes
Appoint directors

British · England · Age 42

Izabella House, Office 1, Izabella House, Birmingham, B1 3NJ

Notified 20/03/2023

Change History

statusactive
2026-07-20

Active

typeltd
2026-07-20

Private Limited Company

address line1Izabella House Office 1, Izabella House
2026-07-20

IZABELLA HOUSE OFFICE 1, IZABELLA HOUSE

post townBirmingham
2026-07-20

BIRMINGHAM

CompanyRankvs 2355+ SIC 58142 peers
25

Financial strength11th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 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.

Liquidity2/20 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 31/08/2024

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£604

Current Liabilities

£25k

0avg. employees

Balance Sheet

Total assets£604

EstimatesDerived

YearCurrent Ratio
20240.02

Derived from filed accounts. Not audited figures.