Company Overview
Magma Digital Ltd is a Dissolved Private Limited Company.
Registered Address

Suite 101 & 102 Empire Way Business Park, Liverpool Road, Burnley, BB12 6HH
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameMAGMA DIGITAL LTD
Company Number04181047
Registered Office AddressSuite 101 & 102 Empire Way Business Park
 Liverpool Road
 BB12 6HH
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date16/03/2001
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2022
Accounts Last Made Up Date31/10/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/05/2017
Returns Last Made Up Date17/04/2016
Previous Company NameChanged Date
CO-COMP LIMITED10 Jun 2010
Directors & Members
Show Resigned
Jeremy Coates - Director
(British, 55 years old, born August 1971)
Appointed 06 April 2001
 Active
Priscilla Woodhouse - Director
(British, 54 years old, born June 1972)
Appointed 03 February 2004
 Active
Secretaries
Show Resigned
Priscilla Woodhouse - Secretary
(British)
Appointed 06 April 2001
 Active
Other Company Directorships
Jeremy Coates
DIGITAL LANCASHIRE CIC
PAPERLESS WEDDING LIMITED
PRESTON VINEYARD
SOLUTII LTD
Priscilla Woodhouse
CMAS RESOLVE
PAPERLESS WEDDING LIMITED
SOLUTII LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Balance Sheet
Fixed Assets 28,450 48,879 9,951
Current Assets 1,062,808 773,700 483,240
Creditors Due Within One Year 195,260 136,672 106,489
Working Cap 867,548 637,028 376,751
Total Assets Less Current Liabilities 895,998 685,907 386,702
Long-term Liabilities 0 0 0
Net Assets 895,998 685,907 386,702
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 895,998 685,907 386,702
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Tangible Fixed Assets - - -
Fixed Assets 2.6% 5.9% 2.0%
Stocks Inventory - - -
Debtors 30.5% 21.0% 57.2%
Cash Bank In Hand 66.9% 73.0% 40.8%
Current Assets 97.4% 94.1% 98.0%
Creditors Due Within One Year 17.9% 16.6% 21.6%
Net Current Assets Liabilities 79.5% 77.4% 76.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 82.1% 83.4% 78.4%
Capital Employed - - -
Total Assets Less Current Liabilities 82.1% 83.4% 78.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Liquidity Ratio 5.4 5.7 4.5
Solvency Ratio 5.6 6.0 4.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Assets 1,091,258 822,579 493,191
Debt 195,260 136,672 106,489
Net Assets/Debt 895,998 685,907 386,702
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BB12 6HH
WYPER & WYPER HOTEL LTD
Suites 101 & 102 Empire Business Park, Liverpool Road, Burnley, BB12 6HH
BAKER STREET GARMENTS LIMITED
Suites 101 & 102 Empire Business Park, Liverpool Road, Burnley, BB12 6HH
TOTALLY CONSULTANCY LIMITED
Suites 101 & 102 Empire Business Park Liverpool Road, Burnley, Lancashire, BB12 6HH
TELA PROCESSING LTD.
Suites 101 & 102 Empire Business Park, Liverpool Road, Burnley, BB12 6HH
BUSINESS RECOVERY LIMITED
1ST FLOOR, THE PORTAL BRIDGEWATER CLOSE, HAPTON, BURNLEY, BB12 6HH
ENTRUSTED WEB DEVELOPMENT LIMITED
Suite 101 & 102, Empire Business Park Liverpool Road, Burnley, BB12 6HH
PHOENIX HANDLING SOLUTIONS LIMITED
UNIT 10, MITTON BUSINESS PARK MITTON ROAD, WHALLEY, CLITHEROE, LANCASHIRE, BB12 6HH
GP ASBESTOS LIMITED
Suite 101 & 102 Empire Way Business Park, Liverpool Road, Burnley, BB12 6HH
BRANDSHANK LTD
THE BANK BUILDING, 34 BURNLEY ROAD, PADIHAM, BB12 6HH
DIAMOND GEEZER LIMITED
Suites 101 & 102 Empire Way Business Park Liverpool Road, Burnley, BB12 6HH
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Declaration of solvency
Liquidators' statement of receipts and payments to 28 February 2022
Registered office address changed from Vantage House Euxton Lane Euxton Chorley Lancashire PR7 6TB England to Suite 101 & 102 Empire Way Business Park Liverpool Road Burnley BB12 6HH on 19 March 2021
Appointment of a voluntary liquidator
Resolutions
Declaration of solvency
Previous accounting period extended from 30 April 2020 to 31 October 2020
Director's details changed for Miss Priscilla Joy Woodhouse on 12 February 2021
Change of details for Miss Priscilla Joy Woodhouse as a person with significant control on 12 February 2021
Change of details for Mr Jeremy Robert Coates as a person with significant control on 12 February 2021
Director's details changed for Mr Jeremy Robert Coates on 12 February 2021
Registered office address changed from Magma House 403 Leyland Road Penwortham Preston Lancashire PR1 9SS England to Vantage House Euxton Lane Euxton Chorley Lancashire PR7 6TB on 16 February 2021
Director's details changed for Mrs Priscilla Joy Coates on 6 July 2020
Change of details for Mrs Priscilla Joy Coates as a person with significant control on 6 July 2020
Secretary's details changed for Mrs Priscilla Joy Coates on 6 July 2020
Change of details for Mr Jeremy Robert Coates as a person with significant control on 18 April 2019
Confirmation statement made on 17 April 2020 with updates
Confirmation statement made on 17 April 2019 with updates
Statement of capital following an allotment of shares on 31 March 2019
Statement of capital following an allotment of shares on 31 March 2019
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free