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Magmatic Stories Cwmni Buddiant Cymunedol

15175004

active
Community Interest Company
wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

44 ALLT-YR-YN VIEW, NEWPORT, NP20 5GG
Incorporated 29/09/2023

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 28/09/2025

Due 12/10/2026

On track

Industry

58110
Book publishing
90020
Support activities to performing arts

Officers

Mr Bevington Magama

director · Since 29/09/2023

WRITER

BRITISH · WALES · Age 61

Also on 1 other board

Persons with Significant Control

Mr Bevington Magama

ownership-of-shares-50-to-75-percent-as-trust
50–75% votes
Appoint directors

British · Wales · Age 61

74, Barrack Hill, Newport, NP20 5FZ

Notified 29/09/2023

Former PSCs

Mr Zing Magama

Ceased 09/05/2024

CompanyRankvs 6362+ SIC 58110 peers
52

Financial strength25th percentile among SIC peers · 6/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees8/15 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 30/09/2025

Net Worth

£0

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£16k

Current Liabilities

£0

Fixed Assets

£0

Debtors

£0

1avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£16k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2025Infinity

Derived from filed accounts. Not audited figures.