MAGNA WEB LTD

Executive Summary

MAGNA WEB LTD is a newly incorporated micro-entity with a modest but positive net asset position and no debt, reflecting initial financial prudence. However, due to its limited operating history and lack of employees, credit approval should be conditional on demonstrated business progress and financial stability in subsequent periods. Close monitoring of cash flow development and timely filing of statutory documents is recommended to mitigate risk.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

MAGNA WEB LTD - Analysis Report

Company Number: 14803124

Analysis Date: 2025-07-29 15:07 UTC

  1. Credit Opinion: CONDITIONAL APPROVAL
    MAGNA WEB LTD is a micro-entity incorporated in April 2023, with its first accounts filed up to April 2024. The company shows a positive net current asset position (£951) and no overdrafts or liabilities beyond current creditors, indicating an initial sound liquidity position. However, it is a very young company with limited financial history and no employees, which elevates risk. Credit approval should be conditional on continued timely filing, positive cash flow development, and evidence of revenue generation to support debt servicing.

  2. Financial Strength
    The balance sheet reflects a very modest asset base with current assets of £1,409 and current liabilities of £458, resulting in net current assets of £951. The entire asset base is current assets, likely cash or equivalents, as there are no fixed assets recorded. Shareholders’ funds equal net assets, confirming no long-term debt. The company’s micro status and limited capital suggest low financial strength, but no indebtedness is a positive indicator.

  3. Cash Flow Assessment
    Cash flow assessment is restricted due to limited data; no profit and loss figures or cash flow statements are provided. The positive net current assets and minimal liabilities point to an initial healthy working capital position, but absence of employees and lack of operational history mean cash flow stability and sufficiency for debt servicing remains unproven. Monitoring incoming and outgoing cash flows as trading develops is critical.

  4. Monitoring Points

  • Timeliness and completeness of future accounts and confirmation statements filings.
  • Evidence of revenue growth and profitability in subsequent periods.
  • Maintenance of positive net current assets and liquidity ratios to support operational needs.
  • Any changes in ownership or director appointments that could impact governance.
  • Development of a customer base or contracts that underpin cash flow stability.

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