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Magnitt Ventures Ltd

15977656

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

BRADBURY HOUSE, NEWPORT, NP20 2DW
Incorporated 25/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Bradley Michael Barritt

director · Since 25/09/2024

ENTREPRENEUR

BRITISH · UNITED KINGDOM

Also on 1 other board

Mr Stephen John Barritt

director · Since 27/11/2024

COMPANY DIRECTOR

SOUTH AFRICAN · SOUTH AFRICA

Persons with Significant Control

Mr Lorenzo Riccardo Magni

25–50% shares

Italian · United Kingdom

Notified 25/09/2024

Mr Bradley Michael Barritt

25–50% shares
50–75% votes
Appoint directors

British · United Kingdom

Notified 25/09/2024

Plane Tree Private Equity (Pty) Ltd

25–50% votes
Appoint directors

Reg: 2023/910633/07 · Companies And Intellectual Property Commission · Private Company

Notified 26/08/2025

CompanyRankvs 76883+ SIC 62020 peers
41

Financial strength44th percentile among SIC peers · 11/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.17× · 2/20
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 strength11/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 30/09/2025

Net Worth

£1k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£419k

Working capital

Current Assets

£86k

Current Liabilities

£505k

Debtors

£4k

2avg. employees

Balance Sheet

Assets less current liabilities-£131k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.17

Derived from filed accounts. Not audited figures.