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Magsam Limited

14964648

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

8 HAZEL GROVE, ROMFORD, RM6 5PX
Incorporated 27/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Ms Sarah Adomako-Mensah

director · Since 27/06/2023

MIDWIFE

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Ms Sarah Adomako-Mensah

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

British · England · Age 69

8, Hazel Grove, Romford, RM6 5PX

Notified 27/06/2023

CompanyRankvs 23115+ SIC 86900 peers
59

Financial strength75th percentile among SIC peers · 19/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 39.27× · 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 strength19/25 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.

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 30/06/2024

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£17k

Current Liabilities

£433

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£18k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202439.27

Derived from filed accounts. Not audited figures.