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Magnetree Properties Ltd

15155838

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

2 RISCA ROAD, NEWPORT, NP20 4JW
Incorporated 22/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Keil Kevin Stewart

director · Since 22/09/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Keil Kevin Stewart

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

British · United Kingdom · Age 38

2, Risca Road, Newport, NP20 4JW

Notified 22/09/2023

Charges6 outstanding

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outstanding

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CompanyRankvs 119414+ SIC 68100 peers
27

Financial strength66th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees0/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£23k

Current Liabilities

£96k

Fixed Assets

£307k

Balance Sheet

Assets less current liabilities£233k
Signed by Mr Keil Stewart 21/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.23

Derived from filed accounts. Not audited figures.