Back to search

Magnetar Developments Ltd

15132377

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

61 CHARLOTTE STREET, BIRMINGHAM, B3 1PX
Incorporated 12/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Daniel Marshall

director · Since 12/09/2023

ENGINEER

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Daniel Marshall

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

British · England · Age 42

61, Charlotte Street, Birmingham, B3 1PX

Notified 12/09/2023

CompanyRankvs 7037+ SIC 43390 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.79× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1F.Brown Limited
90
2Lindner Interiors Limited
90
3R.H.F.Heating Company Limited
90
4S. & A. Parsons (Building Contractors) Limited
90
5Gulliver Timber Treatments Limited
90
6Preservation Treatments Limited
90
7D.L. Storage Handling Limited
90
8C.L.C. Contractors Limited
90
9Milverdene Limited
90
10Sigma 3 (Kitchens) Limited
90
7037Magnetar Developments Ltd
70
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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 30/09/2024

Net Worth

£60k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

£60k

Current Liabilities

£10k

Fixed Assets

£13k

Debtors

£37k

3avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20245.79

Derived from filed accounts. Not audited figures.