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Magnet Radio Ltd

15760939

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

FLAT 18 TELFER HOUSE, LONDON, SE21 8QW
Incorporated 04/06/2024

Compliance

Next accounts due

04/06/2026

Overdue

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

Overdue

Industry

60100
Radio broadcasting

Officers

Mr Sherwin Marco Brown

director · Since 04/06/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 45

Ms Vennet Adassah Donaldson

director · Since 04/06/2024

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Sherwin Marco Brown

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

Flat 18 Telfer House, Kingswood Estate, London, SE21 8QW

Notified 04/06/2024

Ms Vennet Adassah Donaldson

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

British · England · Age 52

Flat 18 Telfer House, Kingswood Estate, London, SE21 8QW

Notified 04/06/2024

CompanyRankvs 1775+ SIC 60100 peers
23

Financial strength13th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 30/06/2025

Net Worth

-£5k

Balance sheet strength

Cash

£201

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

Current Liabilities

£5k

0avg. employees
Prepared with Taxfiler