Magma Holding Company Limited
15013105
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2023
COMPANY DIRECTOR
OMANI · UNITED ARAB EMIRATES · Age 47
Also on 1 other board
director · Since 12/03/2025
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 10 other boards
Persons with Significant Control
Mr Hussain Ali Habib Sajwani
Emirati · United Arab Emirates · Age 73
67 Bondway, Damac Tower Nine Elms,, London, SW8 1GQ
Notified 19/07/2023
Veritas Data Centre Company Limited
67 Bondway, Damac Tower Nine Elms,, London, SW8 1GQ
Reg: 14985262 · Uk Register Of Companies · Private Company Limited By Shares
Notified 19/07/2023
CompanyRankvs 10609+ SIC 64209 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£25.3M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£25.3M
Working capital
Current Assets
£25.5M
Current Liabilities
£221k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 115.55 |
| 2023 | 1.04 |
Derived from filed accounts. Not audited figures.