Company Overview
Local Mags Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 05 September 2011, so this is a well established company. Local Mags Ltd has been in business for 14 years and 6 months. The accounts status is micro entity and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Causey Hall, Dispensary Walk, Halifax, HX1 1QL
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Companies House Data
Company NameLOCAL MAGS LTD
Company Number07762028
Registered Office AddressCausey Hall
 Dispensary Walk
 HX1 1QL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/09/2011
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date03/10/2016
Returns Last Made Up Date05/09/2015
Previous Company NameChanged Date
GEORGE KNOWS LTD15 Nov 2023
Directors & Members
Show Resigned
Elizabeth Kenny - Director
(British, 54 years old, born October 1972)
Appointed 24 July 2019
 Active
Lee Kenny - Director
(British, 52 years old, born December 1974)
Appointed 07 June 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Elizabeth Kenny
COMMUNITY FOUNDATION FOR CALDERDALE
CURIOUS MOTION CIC
DIGITAL RENOVATORS LTD
HALIFAX HERITAGE TOURS CIC
MAGIC HALIFAX LTD
NOW DIRECTORIES LTD
SNOWFLAKE INFORMATION SERVICES LLP
SNOWFLAKE MEDIA LTD
YOUR NIGHT OFF LTD
Lee Kenny
COMMUNITY FOUNDATION FOR CALDERDALE
DEFINITIVE GUIDES LTD
DIGITAL RENOVATORS LTD
ELK ADVISORS LIMITED
FUTURE TRANSACTIONS COMPANY LIMITED
GLOBAL INFORMATION NETWORK FDN UK LTD
HALIFAX RLFC (TRADING) LTD.
MAGIC HALIFAX LTD
NORTHERN BROADSIDES THEATRE COMPANY
NOW DIRECTORIES LTD
SNOWFLAKE INFORMATION SERVICES LLP
SNOWFLAKE MEDIA LTD
THE SOCIAL SHOPPER LIMITED
WORKING WONDERS LIMITED
YOUR NIGHT OFF LTD
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Balance Sheet
Fixed Assets 41 41 166
Current Assets 121,008 121,008 96,747
Creditors Due Within One Year 102,612 102,612 84,177
Working Cap 18,396 18,396 12,570
Total Assets Less Current Liabilities 18,437 18,437 12,736
Long-term Liabilities 18,000 18,000 22,000
Net Assets 437 437 -9,264
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 437 437 -9,264
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.2%
Stocks Inventory - - -
Debtors 100.0% 100.0% 88.6%
Cash Bank In Hand - - 11.2%
Current Assets 100.0% 100.0% 99.8%
Creditors Due Within One Year 84.8% 84.8% 86.9%
Net Current Assets Liabilities 15.2% 15.2% 13.0%
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 0.4% 0.4% -9.6%
Capital Employed - - -
Total Assets Less Current Liabilities 15.2% 15.2% 13.1%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.0 1.0 0.9
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 30-Sep-2024 30-Sep-2022 30-Sep-2021
Assets 121,049 121,049 96,913
Debt 120,612 120,612 106,177
Net Assets/Debt 437 437 -9,264

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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 HX1 1QL
HALIFAX 900 TRUST LIMITED
Causey Hall, Causeway, Halifax, West Yorkshire, HX1 1QL
Document Filings
Termination of appointment of Elizabeth Louise Kenny as a director on 12 March 2026
Cessation of Elizabeth Louise Kenny as a person with significant control on 12 March 2026
Confirmation statement made on 21 November 2025 with no updates
Confirmation statement made on 21 November 2024 with no updates
Change of details for Mr Lee Martin Kenny as a person with significant control on 16 November 2023
Confirmation statement made on 21 November 2023 with updates
Change of details for Mrs Elizabeth Louise Kenny as a person with significant control on 16 November 2023
Certificate of change of name
Confirmation statement made on 5 September 2023 with no updates
Notification of Lee Kenny as a person with significant control on 7 June 2023
Appointment of Mr Lee Martin Kenny as a director on 7 June 2023
Registered office address changed from Crofy Myl Office a8B West Parade Halifax HX1 2EQ United Kingdom to Causey Hall Dispensary Walk Halifax HX1 1QL on 1 April 2023
Confirmation statement made on 5 September 2022 with no updates
Confirmation statement made on 5 September 2021 with no updates
Confirmation statement made on 5 September 2020 with no updates
Confirmation statement made on 5 September 2019 with updates
Termination of appointment of Lee Martin Kenny as a director on 24 July 2019
Cessation of Lee Martin Kenny as a person with significant control on 24 July 2019
Appointment of Mrs Elizabeth Louise Kenny as a director on 24 July 2019
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