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Magic Carpets Co. Limited

00921733

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

F38 & F39 CHEADLE PLACE, CHEADLE, SK8 2GL
Incorporated 08/11/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Diana Josephs

secretary · Since 14/12/1991

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mrs Diana Josephs

director · Since 14/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Persons with Significant Control

Mrs Diana Josephs

75–100% shares

British · England · Age 76

F38 & F39 Cheadle Place, Stockport Road, Cheadle, SK8 2GL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 1411+ SIC 47530 peers
50

Financial strength98th percentile among SIC peers · 25/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/03/2025

Net Worth

£974k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£492k

Working capital

Current Assets

£62k

Current Liabilities

£575k

Fixed Assets

£1.5M

1avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11+£58k
20240.60+£57k
20231.64+£595k
20220.13+£31k
20210.06+£20k
20200.13-£29k
20190.17

Derived from filed accounts. Not audited figures.