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Magic Grip

00647844

active
Private Unlimited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HB42 HOUSE, UNIT 9, MAPLE GROVE BUSINESS CENTRE, HOUNSLOW, TW4 6DR
Incorporated 25/01/1960

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Robert Charles Banks

secretary · Since 18/07/1991

BRITISH · ENGLAND · Age 73

Also on 23 other boards

Mr Robert Charles Banks

director · Since 18/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 23 other boards

Ms Jill Patricia Davis

director · Since 10/08/2000

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 6 other boards

Persons with Significant Control

Hilton Banks Ltd

75–100% shares

74, Oldfield Road, Hampton, TW12 2HR

Reg: 01967612 · Companies House · Limited Company

Notified 06/04/2016

CompanyRankvs 837+ SIC 74990 peers
80

Financial strength88th percentile among SIC peers · 22/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£27k

Current Liabilities

£4k

Fixed Assets

£14k

Debtors

£27k

0avg. employees

Balance Sheet

Assets less current liabilities£41k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20246.25+£0
20236.25+£0
20226.25+£0
20216.25+£0
20206.25

Derived from filed accounts. Not audited figures.