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Magna Freeze Ltd

15342795

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SUITE 5000, ILFORD, IG6 3SZ
Incorporated 11/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
46690
Wholesale of other machinery and equipment
46900
Non-specialised wholesale trade
70229
Management consultancy activities

Officers

Mr Kathirgama Selvan Ramasamy

director · Since 11/12/2023

DIRECTOR

SRI LANKAN · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Kathirgama Selvan Ramasamy

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

Sri Lankan · England · Age 43

Suite 5000, 58 Peregrine Road, Ilford, IG6 3SZ

Notified 11/12/2023

Former PSCs

Mr Julius Simon Gabriel

Ceased 18/05/2024

CompanyRankvs 2913+ SIC 46190 peers
62

Financial strength59th percentile among SIC peers · 15/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 17.32× · 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 strength15/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£13k

Current Liabilities

£758

1avg. employees

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Kathirgama Selvan Ramasamy 30 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
202417.32

Derived from filed accounts. Not audited figures.