Company Overview
Mag Accountancy Limited is a Dissolved Private Limited Company.
Registered Address

74 King Street, Southall, UB2 4DD
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Companies House Data
Company NameMAG ACCOUNTANCY LIMITED
Company Number07962055
Registered Office Address74 King Street
 UB2 4DD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date23/02/2012
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2022
Accounts Last Made Up Date28/02/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date23/03/2017
Returns Last Made Up Date23/02/2016
Directors & Members
Show Resigned
Magdoleen Ahmed - Director
(Sudanese, 54 years old, born January 1972)
Appointed 23 February 2012
 Active
Mohamed Omer - Director
(British, 73 years old, born February 1953)
Appointed 17 August 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Magdoleen Ahmed
NEWHEIGHTS ACCOUNTANCY LTD
THE EMPLOYMENT OFFICE LTD
Mohamed Omer
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2022 28-Feb-2021 28-Feb-2020
Balance Sheet
Fixed Assets 0 0 0
Current Assets 642 3,708 3,814
Creditors Due Within One Year 373 1,345 2,071
Working Cap 269 2,363 1,743
Total Assets Less Current Liabilities 269 2,363 1,743
Long-term Liabilities 0 0 0
Net Assets 269 2,363 1,743
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 269 2,363 1,743
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2022 28-Feb-2021 28-Feb-2020
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 58.1% 36.3% 54.3%
Net Current Assets Liabilities 41.9% 63.7% 45.7%
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 41.9% 63.7% 45.7%
Capital Employed - - -
Total Assets Less Current Liabilities 41.9% 63.7% 45.7%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2022 28-Feb-2021 28-Feb-2020
Liquidity Ratio 1.7 2.8 1.8
Solvency Ratio 1.7 2.8 1.8
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 28-Feb-2022 28-Feb-2021 28-Feb-2020
Assets 642 3,708 3,814
Debt 373 1,345 2,071
Net Assets/Debt 269 2,363 1,743
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
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Notification of Mohamed Omer as a person with significant control on 15 June 2022
Change of details for Miss Magdoleen Ahmed as a person with significant control on 15 June 2022
Confirmation statement made on 13 July 2022 with updates
Registered office address changed from Office 207,259-269 Old Marylebone Rd Old Marylebone Road London NW1 5RA England to 74 King Street Southall UB2 4DD on 5 July 2022
Registered office address changed from 14-15 Main Drive East Lane Wembley HA9 7NA England to Office 207,259-269 Old Marylebone Rd Old Marylebone Road London NW1 5RA on 21 June 2022
Confirmation statement made on 10 May 2022 with no updates
Confirmation statement made on 10 May 2021 with no updates
Confirmation statement made on 10 May 2020 with no updates
Appointment of Mr Mohamed Omer as a director on 17 August 2019
Change of details for Miss Magdoleen Ahmed as a person with significant control on 10 May 2019
Termination of appointment of Abdalrahman Bkheit Ali Bkheit as a director on 11 May 2019
Confirmation statement made on 10 May 2019 with updates
Confirmation statement made on 8 May 2019 with updates
Confirmation statement made on 23 February 2019 with no updates
Registered office address changed from 4 Robinson Court Townshend Terrace Richmond TW9 1YE England to 14-15 Main Drive East Lane Wembley HA9 7NA on 18 July 2018
Confirmation statement made on 23 February 2018 with no updates
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