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Magic Happens Limited

04182231

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

303 GORING ROAD, WORTHING, BN12 4NX
Incorporated 19/03/2001

Compliance

Last accounts

29/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

86900
Other human health activities

Officers

Mrs Leanne Smith

secretary · Since 19/03/2001

OPTOMETRIST

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Leanne Smith

director · Since 19/03/2001

OPTOMETRIST

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mrs Leanne Smith

75–100% shares
75–100% votes

British · England · Age 58

303 Goring Road, Worthing, BN12 4NX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

JOHNSON & JOHNSON FINANCE LIMITED

Created 01/05/2001Registered 17/05/2001

CompanyRankvs 5563+ SIC 86900 peers
70

Financial strength83th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2× · 16/20
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 strength21/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 29/09/2024

Net Worth

£36k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£58k

Current Liabilities

£29k

Fixed Assets

£9k

4avg. employees

Balance Sheet

Assets less current liabilities£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£13k
20231.82+£9k
20221.43+£17k
20210.90-£10k
20202.15
20190.98
20182.61

Derived from filed accounts. Not audited figures.