Magic Homes Ltd.

04371865

active

Private Limited Company

Companies House

Health Score

71 / 100

Some Concerns

25/30

Filing

10/30

Financial

36/40

Risk

No accounts filed in last 18 months (-5)
Current liabilities exceed current assets (-10)
2 outstanding charges (-4)

Details

MAGIC HOUSE, PALMERS GREEN, N13 4TN

Incorporated 12/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209

Other letting and operating of own or leased real estate

Officers

Mr Simon John Oliver

secretary · Since 12/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 103 other boards

Mr Mario Michael

director · Since 12/02/2002

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 13 other boards

Mr Simon John Oliver

director · Since 12/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 103 other boards

Persons with Significant Control

Paul Simon Magic Group Holdings Ltd

75–100% shares

75–100% votes

Appoint directors

Magic House, 5-11 Green Lanes, Palmers Green, N13 4TN

Reg: 14508887 · Companies House · Private Limited Company

Notified 08/03/2023

Former PSCs

Mr Christofis Michael

Ceased 23/11/2020

Paul Simon Developments Limited

Ceased 08/03/2023

Hartsfield Investments Uk Limited

Ceased 08/03/2023

Charges2 outstanding

Charge

outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 14/03/2023Registered 27/03/2023

Charge

outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 17/10/2017Registered 18/10/2017

Charge

satisfied

EUROBANK CYPRUS LIMITED

Created 04/02/2016Registered 16/02/2016Satisfied 09/04/2020

Charge

satisfied

EUROBANK CYPRUS LIMITED

Created 05/12/2014Registered 10/02/2015Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/03/2009Registered 18/03/2009Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/11/2008Registered 29/11/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/11/2008Registered 19/11/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/10/2008Registered 01/11/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 05/09/2008Registered 06/09/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/06/2008Registered 02/07/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/06/2008Registered 14/06/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/06/2008Registered 10/06/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 05/06/2008Registered 07/06/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/05/2008Registered 16/05/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/05/2008Registered 03/05/2008Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/12/2007Registered 21/12/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/12/2007Registered 21/12/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/12/2007Registered 19/12/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/10/2007Registered 23/10/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/10/2007Registered 12/10/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/09/2007Registered 11/09/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/09/2007Registered 06/09/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/09/2007Registered 06/09/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/08/2007Registered 15/08/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/08/2007Registered 10/08/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/07/2007Registered 19/07/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/07/2007Registered 12/07/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/06/2007Registered 03/07/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/05/2007Registered 23/05/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/04/2007Registered 13/04/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/04/2007Registered 13/04/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/04/2007Registered 13/04/2007Satisfied 09/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/04/2007Registered 13/04/2007Satisfied 09/04/2020

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/11/2006Registered 24/11/2006Satisfied 08/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 06/10/2006Registered 10/10/2006Satisfied 08/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/07/2006Registered 25/07/2006Satisfied 08/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/07/2006Registered 18/07/2006Satisfied 08/04/2020

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/03/2006Registered 14/03/2006Satisfied 08/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/01/2005Registered 13/01/2005Satisfied 08/04/2020

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/12/2004Registered 17/12/2004Satisfied 08/04/2020

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/05/2004Registered 11/06/2004Satisfied 08/04/2020

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/04/2004Registered 16/04/2004Satisfied 08/04/2020

charge

satisfied

THE CYPRUS POPULAR BANK LTD

Created 04/08/2003Registered 06/08/2003Satisfied 08/04/2020

charge

satisfied

THE CYPRUS POPULAR BANK LIMITED

Created 29/04/2003Registered 14/05/2003Satisfied 08/04/2020

charge

satisfied

THE CYPRUS POPULAR BANK LIMITED

Created 29/04/2003Registered 14/05/2003Satisfied 06/01/2005

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/03/2003Registered 26/03/2003Satisfied 08/04/2020

CompanyRankvs 5950+ SIC 68209 peers
80

Financial strength100th percentile among SIC peers · 25/25

Employees100th percentile among SIC peers · 15/15

LiquidityCurrent ratio 4.09× · 20/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

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595Magic Homes Ltd.

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.

Employees15/15 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.

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 30/09/2024

Net Worth

£28.1M

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

£28.0M

Working capital

Current Assets

£37.1M

Current Liabilities

£9.1M

Fixed Assets

£125k

Debtors

£37.0M

19avg. employees+3

Tax at Year End(2022)

Corp tax£206k

Prepared with Digita Accounts Production Advanced

EstimatesDerived

Year	Current Ratio	Implied Profit
2024	4.09	-£1.1M
2023	4.60	+£1.5M
2022	0.85	+£309k
2021	0.89	+£5.0M
2019	0.77	-£3.7M
2018	0.77	—

Derived from filed accounts. Not audited figures.

Magic Homes Ltd.

Details

Compliance

Industry

Officers

Persons with Significant Control

Charges2 outstanding

CompanyRankvs 5950+ SIC 68209 peers80

Key FinancialsYear ending 30/09/2024

EstimatesDerived

CompanyRankvs 5950+ SIC 68209 peers
80