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Majik Properties Limited

03241439

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

124 COLNE ROAD, LANCASHIRE, BB10 1LP
Incorporated 23/08/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Khalique Chowdhry

secretary · Since 23/08/1996

ACCT

BRITISH · UNITED KINGDOM · Age 79

Mr Khalique Chowdhry

director · Since 01/11/2009

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 79

Persons with Significant Control

Mr Khalique Chowdhry

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 79

124 Colne Road, Lancashire, BB10 1LP

Notified 24/08/2020

Former PSCs

Mr Johar Chowdhy

Ceased 24/08/2020

Charges2 outstanding

charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 17/05/2012Registered 23/05/2012
charge
outstanding

CLYDESDALE BANK PLC

Created 05/05/2006Registered 09/05/2006

CompanyRankvs 98465+ SIC 68209 peers
43

Financial strength73th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 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 strength18/25 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 31/12/2024

Net Worth

£57k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£323k

Working capital

Current Assets

£6k

Current Liabilities

£328k

Fixed Assets

£380k

0avg. employees

Balance Sheet

Assets less current liabilities£57k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£5k
20230.01

Derived from filed accounts. Not audited figures.