Back to search

Mag - Swansea Ltd

15880262

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

7 NEATH ROAD, NEATH, SA10 8RS
Incorporated 06/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Gethin Wyn Thomas

director · Since 06/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 8 other boards

Persons with Significant Control

Mr Gethin Wyn Thomas

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

British · United Kingdom · Age 38

7 Neath Road, Crynant, Neath, SA10 8RS

Notified 06/08/2024

CompanyRankvs 3311+ SIC 56210 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/08/2025

Net Worth

£35k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£79k

Current Liabilities

£44k

Debtors

£21k

7avg. employees

Balance Sheet

Assets less current liabilities£35k
Signed by Mr Gethin Thomas 20/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.79

Derived from filed accounts. Not audited figures.