Magnus Resources Limited
15162847
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 21/02/2025
Due 07/03/2026
Industry
Officers
director · Since 25/09/2023
COMPANY SECRETARY
BRITISH · ENGLAND · Age 66
Also on 2 other boards
Persons with Significant Control
Mr Michal Zywiecki
Polish · Poland · Age 57
44, Wzgorze Street, Gaj 32-031
Notified 14/02/2024
Former PSCs
Mr Michal Zywiecki
Ceased 04/01/2024
Mr Christopher Mark Bracewell
Ceased 11/10/2023
Mr Christopher Mark Bracewell
Ceased 14/02/2024
CompanyRankvs 371+ SIC 06100 peers26
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/09/2024
Net Worth
-£1k
Balance sheet strength
Cash
£621
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£669
Current Liabilities
£2k
Debtors
£48
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.39 |
Derived from filed accounts. Not audited figures.