Back to search

Blu Magic Sauces Ltd

15161693

active
Private Limited Company
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

14 GREEN LANE, BIRMINGHAM, B32 1EP
Incorporated 25/09/2023

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

10840
Manufacture of condiments and seasonings

Officers

Mr Matthew Knight

director · Since 25/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Vishant Shiyal

director · Since 25/09/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Matthew Knight

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

British · England · Age 52

14, Green Lane, Birmingham, B32 1EP

Notified 25/09/2023

CompanyRankvs 587+ SIC 10840 peers
30

Financial strength26th percentile among SIC peers · 7/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 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 strength7/25 pts

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

Employees3/15 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 30/09/2024

Turnover

£0

Annual revenue

Net Worth

-£347

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£351

Working capital

Current Assets

£49

Current Liabilities

£400

Fixed Assets

£0

Profit After Tax

-£351

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£347
Signed by 25.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.12

Derived from filed accounts. Not audited figures.