£1,001
No changevs Oct 2023Active - Proposal to Strike off14452116Private limited companyCardiff
MAGNIFY TECH LTD
E31/100Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved.
01
Summary
MAGNIFY TECH LTD is an active (proposal to strike off) private limited company (company number 14452116) incorporated on 31 October 2022, registered in Cardiff. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 31 October 2024, showing net assets of £1,001, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period.
Peer position · net assets
By net assets it sits in the lower half of 918 comparable companies in Cardiff (median £3,169, upper quartile £32k).
02
Key dates
- Incorporated
- 31 October 20223 yrs ago
- Next accounts due
- 31 July 202683 days overdue
- Confirmation statement due
- 14 November 2026in 23 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
2
No changevs Oct 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2024 | £1,001 | — | — | £3,475 | — | — | 2 |
| 31 October 2023 | £1,001 | — | — | £3,875 | — | — | 2 |
Current ratio0.71Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
31 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £1,001 at 2024-10-31 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.71 |
| +4 | Past first filingsIncorporated 2022-10-31 |
| −25 | Status not ActiveActive - Proposal to Strike off |
| 31 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
No active person with significant control is registered.
- Miss Nishat Hossan
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Zamrul Ahmed
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 23 days
- Next accounts due83 days overdue
- Accounts period endNet assets £1,001 · micro accounts
- Accounts period endNet assets £1,001 · micro accounts
- Incorporated
08
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All companies incorporated on 31 October 2022 · in Oct 2022.
09
Reminders for MAGNIFY TECH LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.