Magic Carpets Co. Limited
00921733
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/12/1991
DIRECTOR
BRITISH · ENGLAND · Age 76
Also on 2 other boards
Persons with Significant Control
Mrs Diana Josephs
British · England · Age 76
F38 & F39 Cheadle Place, Stockport Road, Cheadle, SK8 2GL
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 1411+ SIC 47530 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.11 | +£58k |
| 2024 | 0.60 | +£57k |
| 2023 | 1.64 | +£595k |
| 2022 | 0.13 | +£31k |
| 2021 | 0.06 | +£20k |
| 2020 | 0.13 | -£29k |
| 2019 | 0.17 | — |
Derived from filed accounts. Not audited figures.